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Transcripts For FBC Markets Now 20121121

Itll be interesting for black friday, cyber monday and heading into the Holiday Season to watch to get the idea of how the consumers are feeling for the holidays. The dollar is lower, commodities are higher. Transports giving it a go, getting ready for planes, trains and automobiles. Back to you. Melissa thank you so much. Gas prices continue to drop, but it is not all good news. Prices at the pump are the highest they have ever been on a given day. Sandra smith in the pits of the cme with more on todays trade. Oil reacting to the news of the ceasefire between israel and hamas, first of all. Sandra it certainly is. Not really sustaining the selloff. Currently down 0. 24, still a little bit of a selloff but nonetheless prices have been coming down into thanksgiving weekend. A lot of drivers hitting the road, 34 million of them writing. Obviously the ceasefire has an Immediate Impact on prices going down, but a lot of you say oil and gas will be going higher the rest of the year. We have

Gas prices now at pre-Ukraine invasion levels; White House takes partial credit for it

The economic advisor to the president credited Biden's actions for lowering prices, but economists say there are a lot of other factors at play.

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