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In these thin markets. so things may not pick up like they often do next week. i want to focus on the last item of that graphic, the plunging oil prices. oil prices are down. they are way down. they re down below $40 a barrel. you re looking at the prices at the pump. a year ago, you could get a gallon of gas for $3.44. today it s $2.63. i just got back from a driving vacation and i loved it. gas prices for great for consumers. but they re starting to get to a level where it s having repercussions on energy countries and energy producing states and maybe the market and the economy as a whole. you do need a balance there. gas prices are great for consumers. auto sales, it s great for auto sales, as well. but when you talk about texas, oklahoma, the dakotas, california, there are a lot of people working in the oil and gas business in those states. and you start to see people lose jobs, particularly in the exploration areas where people get hired on a sort of temporary ....
2015 high we re looking at here and prices are also being pushed up of news saudi arabia have raised official selling prices to the u.s. and europe. it thinks demand in those regions is strong enough to support higher prices but the national average is now $2.63. one month ago we were $2.39, so we are creeping up again, but the good news is we re still not at the $3.67 of one year ago, right? just to put it in perspective. mandy, i just don t want to leave this segment with the thought that i, pit bull or anybody else had anything to do with the nasdaq going down today. are you sure? are you sure it s not coincidence? i m not really that sure now that i think about it mandy. as pit bull would say that s all i can tell you, mandy, thank you. see you tomorrow. coming up another thing our smartphones can do that really will blow your mind. there s a new app allowing you to engage in a little community policing. we re going to tell you about ....
Me. gdp came in at 4.63%, much higher than expected but it may not be as strong as some had hoped. good morning. good morning, carol. two good economic reports, 2.63% growth in the third quarter driven in large part because companies were stocking their shelves, getting ready for holiday sales. 3.46% is the best we ve seen in a year and a half and stronger than people expected. jobless claims report has slowed dramatically. it might have been distorted a little bit by thanksgiving, economists are telling me this morning. it s two upbeat economic reports. why are stocks not happy that the economy is strong? likely that means it s more ammunition for the idea that the fed will have to take the training wheels off the economy. one other piece of new ice got ....
Massachusetts we make $2.63 an hour. so they wanted to make sure that we were compensate. reporter: now they ve made back about one-third of what they ve lost. it s fantastic that people would be so kind to do that. makes you believe in this boston strong thing. they re good people. they outnumber these terrorists by a lost. reporter: the charles mark hotel located just two doors down from where the first bomb went off was also swarming with patrons that day. an unpaid bill is the last thing that we were thinking of. reporter: although their customers are also now calling to pay up, the hotel is saying this one is on them. what we said to them was thank you so much for that but why don t you just come back and we ll start fresh. i ve never been more proud to be a bostonian. boston s just like a big family. reporter: christine, there were other restaurants on boylston street that did of course lose money. but with all the support coming back to the area, many say they ....
she says we may $2.63 an hour. she wanted to make sure we were compensated. now they ve made back a third of what they lost. it s fantastic that people would be so kind to do that. makes you believe in this boston strong thing. they re good people. they outnumber the terrorists by a lot. the hotel located two doors down from where the first bomb went off was also swarming with patrons that day. unpaid bills. the last thing we were thinking of although their customers are calling to pay up, the hotel is saying this one is on them. what we said to them was thank you so much for that. why don t you come back and we ll start fresh. i have never been more proud to be a bostonian. boston is like a big family. christine, there were other restaurants on boylston street that did lose money. with all the support coming back to the area, many have made the losses back several times over. ....