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Thanks James -- and now -- some stories you can bank on this morning gas prices have surged nearly sixty cents since December.
But some think those prices may have now peaked in joining us to explain is Lawrence -- -- -- from Fox Business that.
I mourning Larry Friday -- great news right gas prices across the nation averaging three dollars 64 cents a gallon I know it's still high but -- down overnight.
By a penny in it back down -- 26 of the past thirty days is this the start of a trend.
-- -- just the time of the year heading into the summer driving season when prices are supposed to rise.
Well it is but the one up at the start of the year was so sharp.
There's been -- -- learning headlines coming from the Middle East.
And Americans or use less gasoline and while the US has a lot bit and that's -- some analysts are saying they do not see the national average.
Four dollars this year that can be great news for the economy.
Some Americans may actually find themselves spending their gas savings on other things.
But the word of caution here is that hurricane season right around the corner and any flare up.
In the Gulf of Mexico in the -- there can send pump prices back and yet it's so unpredictable you have that one explosion.
That refining and it just because so many problems but will soon be nice if it didn't -- -- all I know -- first thought -- -- that would be a boost the economy like -- other -- kind of lower gas prices so -- Generation -- as they're calling -- -- the colonials that take your pick finally ready to buy -- house -- -- this is 1982 to 2001 I always get confused -- all the generations but.
The -- -- are coming to help the housing market if you think about it this generation of ninety million.
Has been sidelined by the financial crisis and now they're getting ready to buy homes for the very first time.
And they might have the means to do so as well riding the tail winds of an improving job market.
We'll homebuilders are ready for them a recent survey show that Generation Y.
Is different than previous homeowners they're more interested in extra space and practicality for instance a TV -- -- if they have a little extra space rather than.
A second not -- my mom had a second putt and and we want all that electricity because they use all those right -- that you need a plug for every gadget -- at Lawrence cement any Fox Business analyst thank you.
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