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But this just shows the difficulty that the committee is having trying to get these closely aligned individuals who are closely aligned with the former president donald trump to come forward and provide them any information. this is a big road block for them, and they are running out of time to get that information before next year s elections. victor and alisyn? ryan nobles with the breaking news for us. thank you. the markets are rallying again today as they seem to be shrugging off concerns about the threat of the coronavirus omicron variant and what it could mean for the global economy. the dow right now up by close to 400 points. that s in addition to yesterday s 600-point jump. also we re seeing slightly lower gas prices. aaa reported the national average of gas dropped nearly a nickel in the last week to $3.35 a gallon. still high, but not the seven-year high that we saw in october. we re also seeing a significant drop in the price of natural gas. cnn s business reporter m ....
Knows it is dangerous for teens mental health, and instagram profits from sending you down the rabb pit it holes. the chief will face congress tomorrow and they ll discuss yo young users mental health for sure. in the wall street journal overnight, i saw natural gas prices, which many use to heat their homes, has dropped 40% since october? that s right. important relief for consumers. remember there had been worries that home heating bills could double in places this winter? those concerns are, frankly, melting away. warm temperatures and more production sending natural gas prices down more than 10% just yesterday, down 40% since the october peak. this is critical relief for household budgets. at the very same time the other gas bill, the one at the pump, is stabilizing. the average for a gallon of regular is down 4 cents to $3.35 a gallon, the lowest since october. still up from last year, but the prices are cooling here in the near term. ....
The $3.35 is a seven-week low, down four cents in a week, seven cents in a month. prices are still high, but they finally stopped going straight up. that s for a few reasons. one, this u.s.-led intervention into energy markets, remember, president biden announced the largest ever release of barrels from the strategic petroleum reserve. other countries joined in. the other factor is fears about omicron sent oil prices into a tailspin. we have to keep an eye on this because there s some uncertainty over how long gas prices will continue to tick lower because oil has started to rebound as omicron fears have started to fade. so we could see a reversal on the gas price front eventually. the other thing we have to talk about is natural gas because there are a lot of concerns about home heating costs spiking this winner. the good news is natural gas as you can see, it s still up on the year but 40% lower in the last two months. yesterday was natural gas s worst day in nearly three years. ....
Transcripts for CNN At This Hour With Kate Bolduan 20211207 16:27:15 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.
Have been at the heart of this historic period of inflation americans are dealing with. so that s why it s a big deal that energy prices are starting to cool off. let s start with prices at the pump. the national average is at $3.35 a gallon. that is still high, but it s moving in the right direction. it s at a seven-week low. this trend began after rumors swirled on wall street that the white house was planning to release viles from the emergency oil stockpile. by the time that break the glass moment happened, oil prices were down by 10% from their highs. and that has translated to lower prices at the pump, which move with the lag to oil. now the white house is taking some credit here. a person familiar with the white house s thinking told me that lower prices at the pump are good news and that they are due in part, at least in part due to the president s actions, but the other big factor here is covid because omicron fears really sent oil prices crashing after ....