susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several
susie: good evening, everyone. oil prices fell by the most in a week, but don t start celebrating yet. tom, many other factors are affecting supply and prices. tom: susie, the main reason for today s drop in crude: talk of some western nations possibly tapping in emergency oil reserves. so in new york trading, crude futures fell $1.92 to close at $105.41 a barrel. that decline in oil puts pressure on energy shares, which contributed to a down day for stocks. the dow lost 71 points, the s&p slipped seven, and the nasdaq fell 15. susie: meanwhile, gasoline prices are still moving higher. aaa said today the average price of unleaded gas is now $3.91 a gallon, that s up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. reporter: a funny thing as in funny, weird is happening in the u.s. energy market. demand is down, and that s no surprise given prices at the pump are at ten-month highs. what is a surprise is that several
captioning sponsored by wpbt susie: good evening, everyone. my colleague tom hudson will be along later in the program. oil prices fell more than a dollar a barrel today, suggesting there might soon be at least some relief at the pump. and, it couldn t come soon enough as high energy costs are a big topic from wall street to washington. in new york trading, oil fell about one dollar to $106.34 a barrel, the first decline in four sessions. still, the average price for a gallon of unleaded gasoline rose 12 cents in the past two weeks to $3.80 a gallon, reflecting february s jump in crude prices. but, those increases may start to slow if crude prices stop climbing. we have two reports this evening, looking at the impact of energy on the u.s. economy and on the presidential election. we begin with suzanne pratt in new york. reporter: if you re like most u.s. drivers, it s been hard to miss the big run-up in prices at the pump. gasoline started moving higher right after labor
captioning sponsored by wpbt susie: good evening, everyone. my colleague tom hudson will be along later in the program. oil prices fell more than a dollar a barrel today, suggesting there might soon be at least some relief at the pump. and, it couldn t come soon enough as high energy costs are a big topic from wall street to washington. in new york trading, oil fell about one dollar to $106.34 a barrel, the first decline in four sessions. still, the average price for a gallon of unleaded gasoline rose 12 cents in the past two weeks to $3.80 a gallon, reflecting february s jump in crude prices. but, those increases may start to slow if crude prices stop climbing. we have two reports this evening, looking at the impact of energy on the u.s. economy and on the presidential election. we begin with suzanne pratt in new york. reporter: if you re like most u.s. drivers, it s been hard to miss the big run-up in prices at the pump. gasoline started moving higher right after labor
captioning sponsored by wpbt susie: good evening, everyone. my colleague tom hudson will be along later in the program. oil prices fell more than a dollar a barrel today, suggesting there might soon be at least some relief at the pump. and, it couldn t come soon enough as high energy costs are a big topic from wall street to washington. in new york trading, oil fell about one dollar to $106.34 a barrel, the first decline in four sessions. still, the average price for a gallon of unleaded gasoline rose 12 cents in the past two weeks to $3.80 a gallon, reflecting february s jump in crude prices. but, those increases may start to slow if crude prices stop climbing. we have two reports this evening, looking at the impact of energy on the u.s. economy and on the presidential election. we begin with suzanne pratt in new york. reporter: if you re like most u.s. drivers, it s been hard to miss the big run-up in prices at the pump. gasoline started moving higher right after labor