And we begin tonight with a plunging price of oil. Good news for consumers. Here in the u. S. , but the price of oil is hammering economies like russia that dependent on an oil communicate. Financial markets, dow down about 100 points today. Gas prices are the lowest in about five years. Aaa says average is 2. 69 a gallon down 32 cents since last month. Jonathan betz is here with more. Jonathajohn as you just ment, its now 2. 66 a gallon down a dollar since april. Europe imports most of its oil. Its also seen a big drop, 74 cents in just a month. After weeks of rising prices russias gas has already dropped but no more than a quarter in the past few weeks. China economy has been helped, gas down nearly 70 cents there. Gas prices are dropping so fast its caught many by surprise. American drivers are rejoicing this holiday. Im liking the gas prices. It helps on my wallet and helps me save some money. Reporter while many others are growing. Oil prices are dropping like rarely seen before.
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