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Lundberg: Gas Prices Top Out

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  • Description

    FBN’s Diane Macedo on a new report from Lundberg that says gas prices may have hit their peak, plus a market update before the open.

  • Duration 1:05
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Bubble rules -- now -- set up our newsroom to -- and the say no that's a look at some of the business headlines this morning Diane.

-- morning Dennis it looks like the price of gas may finally be topping out according to the Lundberg survey gas is -- nearly four cents a gallon in the last two weeks but that marks.

The smallest increase since early January.

The average price of -- gallon of regular is now that three dollars 97 cents.

Lundberg says if oil prices remain steady gas prices may be close to their peak if they haven't hit them.

Already meanwhile over 40000 AT&T employees will stay on the job while negotiations over new labor contract.

Continue with that company in the old contract expired on Saturday and the union representing -- -- says it has made some progress toward reaching a deal.

But it still had a lot of ground to cover the union says eighteen T is looking for too many concessions from workers including plans to significantly raise health care costs.

The company says it's looking to make those cuts to offset losses its wireless division which includes traditional land lines.

Employees have authorized union leaders to call a strike if there -- unable to reach a deal.

But the company then -- back.