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Summer. gas prices, hooray, also falling. the average price for a gallon of regular is $2.52. but guess what s not cheaper if you have tried to grab those flights, right, for the holiday travel season. plane tickets. that s right. the cost of airfare even higher than it was before. the oil prices started falling. airlines still hitting us travelers for fees with everything from leg room to luggage and keeping fuel surcharges in place despite the fact the fuel is cheaper. christina, cnn money correspondent. baggage fees what is up with this? well, here s it s a little bit complicated. of course it is. for airlines, fuel is not only a very variable cost, it s their biggest cost. it makes up about 30% of costs. so they try and lock in the price of oil. so that means that their contracts are very long. it doesn t necessarily mean just because oil is dropping that ....
Flourish now in pakistan. greg talcott, thank you. well, it s hard not to notice that gas prices are continuing to fall. now less than $2 per gallon in some states. the national average for regular gas right now is $2.52, that s down from the average of $2.89 a month ago and $3.22 last year at this very time. but while this may not may bring joy to drivers, it does come with bad news. the u.s. energy department has reportedly lost nearly $35 billion since june, that s thanks to the drop in the value of its strategic petroleum reserve. mideast stock prices also tanking, and the international energy agency has warned that low oil prices could spark global unrest. there is even concern that falling gas prices could put the keystone pipeline at risk and, of course, when it s about the bottom line, we re going to turn to ms. money. [laughter] i think this is a good thing, because when you re spending less at the pump, psychologically, you re going to buy more stuff which could be ....
there because people see the flashes that go. they re trying to blow a hole in the hull so rescuers can start getting in there is going to make the search and rescue team have better access and make it easier for them to get out. still looking for 29 people who remain unaccounted for if death toll right now is standing at six. there are also stunning new images coming in from under the water today. i want to share that with you. rescuers have to swim through debris in the hull ways. first flat block box has been picked up already and apparently picking up minute by minute betails. since they now located the second black box and divers are trying to retrieve that black box as well. this morning seeing the transcripts of the recorded conversation between the port authority and the captain of the ship. the first time it comes to us from the italian newspaper and the port authority says this. how many people are on board? the captain whose last name is schettino says, 2, 30 ....
You have to stick with it and keep with it. that s what i tell kids. i don t see splashing. here. there we go. reporter: jones is sharing his story with kids who never imagined they d be getting swimming lessons from an owe limb peian. this sport has given me a lot. i want to give back to it. i want to make sure i can show the path to another kid. reporter: and he s not stopping there. he s going for gold again and he hopes to compete in the summer olympic games later this year in london. collin jones, time of 22.52. if they learn anything from my story, it can happen. as long as you stick with it. there are going to be rough days. i still have rough days. it s never easy. but it s worth it. when you can sit back and you re standing on the podium, you hear your national anthem, that s what i swim for. reporter: dr. sanjay gupta, cnn, reporting. well, the nfl playoff games get underway this weekend. before the kickoff turn into cnn ....
similar bombings two weeks ago on al qaeda. the opposition accuses the government of staging the blasts to back up a claim that it s fighting terrorists. iran planning more war games. state-run media report another round of military drills are going to take place next month in the straight of hormuz. the most recent exercises ended just this week. tensions now have been rising over this strategic critical waterway. iran threatened recently to block the strait if new sanctions harm iranian oil exports. the government also threatens to take action if u.s. air craft carrier goes through the strait. italy s mount etna roaring back to life. ireporter joseph posten caught all of it on video. he said it started rumbling yesterday morning. once he saw the huge ash cloud he pulled out the camera and his eruption reportedly poses no danger to villagers. so far no flights have been canceled because of that big ash cloud. well, new orleans. city leaders there say teenagers no ....