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The Fox News Rundown

Business Rundown: Relief At The Pump For Thanksgiving Travelers

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.5K Ratings

🗓️ 22 November 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Folks are gearing up next week for their Thanksgiving travel plans, and although an airplane may be a popular choice, AAA is forecasting that over 70 million people will be making their trek by car. Will gas prices stay tame? FOX Business correspondent Gerri Willis speaks with FBN contributor and author of 'The Phil Flynn Energy Report,' Phil Flynn, to break down the unseasonably low energy prices for Thanksgiving roadtrippers and what President-elect Trump's Energy Secretary pick means for the oil and gas industry. Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.0

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0:06.9

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0:09.3

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0:13.9

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0:16.9

Sign up for a £1 per month trial period at Shopifyify.com.org slash special offer or lowercase.

0:23.1

That's Shopify.com.com slash special offer.

0:26.6

I'm Jerry Willis and this is the Fox Business Rundown.

0:35.1

Friday, November 22, 2024.

0:38.3

An estimated 80 million people will be traveling next week for Thanksgiving.

0:43.3

Some good news for those road-tripping this season who may find some relief at the gas pump.

0:48.3

I think when we look at the prices, there was hopes that we could actually see the national average go below $3 a gallon right before the holiday.

1:00.2

Folks are gearing up next week for their Thanksgiving travel plans, and although an airplane

1:04.6

may be a popular choice, AAA is forecasting that over 70 million people will be making their trek by car.

1:12.7

Gas prices have been heavily on the minds of Americans the past few years of seeing major

1:17.5

spikes in the summertime. Energy policy got plenty of attention during the 2024 presidential

1:23.5

campaign. Now that President-elect Trump has begun to name his cabinet, we're getting a better

1:29.2

idea of what kinds of policies a second Trump administration may pursue. This past weekend,

1:35.1

for example, President-elect Trump named Chris Wright, the CEO of fracking company Liberty Energy,

1:40.9

as his pick to be the Secretary of the Department of Energy.

1:50.5

We'll start here, though, with gas prices as Americans rev up for that auto travel next week.

1:52.0

And we have some good news.

...

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