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FBN’s Dennis Kneale on the decline in the national average price for a gallon of regular gas.
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-- -- -- -- -- -- -- That's 200 point rally on Wall Street continued but less than thirty minutes left in the trading day.
From the opening bell investors have been cheering the news surprise plan from European leaders to shore up their wobbly banks the news from across the pond also sparking an oil rally put prices climbing more than 9%.
Crude settled at 84 dollars and 96 cents a barrel in New York trading oil down 25 dollars a barrel in the second quarter.
But even with oil on the rise today Americans still seeing relief at the pump.
Triple a.'s daily fuel gauge the national average for a gallon of regular gasoline now at three dollars and 35 cents.
And after winning approval in both house the congress.
The transportation and student loan bill moves on to the White House the bill would provide more than 100 billion dollars in federal funding for transportation projects over the next two years.
Interest rates on new federally backed student loans would also remain at 3.4 percent.
