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Dumbest man in america. crime is rising. it s so bad. went out to a great dinner in new york city. the president is a racist and he said that magog. greg: welcome back to dumbest man in america. don lemon is catching flak for lowering gas prices a whopping $0.05. he gives them credit for no longer being thanksgiving weekend. i know joe, don really did sing his praises. speak a big economic relief for millions of americans who have been dealing with soaring energy prices. cost at the pump, finally easing up. the national average for a gallon of regular falling to $3.35. the lowest. just look at that. greg: i guess the secret meetings with the white house asking for better press coverage are paying off. ....
Average price for gasoline has already dropped 4 cents in the last week to 3.35 a gallon. the u.s. predicts those costs will dip lower with average prices dropping below $3 a gallon by next year. now, with tensions running high, u.s. president joe biden and russian president vladimir putin sat for a two-hour virtual summit dominated bayou crane and deep concerns over russia s military buildup. the biden administration says it does not believe mr. putin has made his decision on whether or not to invade ukraine, but mr. biden laid out the consequence if he does, which could include strong economic penalties. sources say the video call turned tense at times as the two leaders discussed the tens of thousands of russian troops at ukraine s border. cnn s kaitlan collins has more on the meeting from washington. reporter: a high stakes call amid fears of a russian invasion. hello. ....
Transcripts for CNN Don Lemon Tonight 20211208 07:33:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
$3.35. the lowest since october. just look at that. ahhhhh. the government is forecasting gas will drop to $3.01 by january. down by 40% since the october peak alleviating concerns natural heating bills could have doubled this winter. so joining me now, the former chairman of the counsel of economic advisors austin. austin, good to see you. can we celebrate the good news for a minute? i ll take it where i can get it. yeah, i m kicking myself because i filled my tank a few days ago 64 when i filled up my tank and i should have waited. yeah, look, this is definitely welcome news for people hit really hard by energy ....
Egan joins us now. so matt, what s causing these prices to drop? for months americans were dealing with what felt like this relentless rise in prices at the pump. finally get something relief. $3.35 a gallon nationally. still high but a seven-week low. moving in the right direction. the biden administration which has been under a lot of criticism over high prices, in particular gas prices, they are taking some credit here. a person familiar with the white house told me that lower prices at the pump are good news and due in part to the president s actions. it s true that president biden s intervention in the energy markets has helped. about two weeks ago he announced largest ever release of strategic reserves. that has been a positive as far as oil price goes but that s just one factor. also omicron. black friday we saw oil prices collapse because of worries about omicron. the good news is some of those covid fears on wall street are fading. that s why the stock market is up. but oil ....