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Economist Hugh Johnson On Oil Prices

  Crude oil's global collapse is now expected to soon push the national average U.S. price for gasoline below $2 a gallon for the first time since early 2009.

Nationally, regular unleaded gasoline currently averages about $2.12 a gallon, down 46 cents from just four weeks ago and $1.01 cheaper than year-ago levels. Gas prices are also expected to fall more than previously forecast for the full year.

To talk about plummeting gas prices, we welcome economist Hugh Johnson of Hugh Johnson Advisors for his thoughts on what is happening with gas and oil prices.

Dr. Alan Chartock is professor emeritus at the University at Albany. He hosts the weekly Capitol Connection series, heard on public radio stations around New York. The program, for almost 12 years, highlighted interviews with Governor Mario Cuomo and now continues with conversations with state political leaders. Dr. Chartock also appears each week on The Media Project and The Roundtable and offers commentary on Morning Edition, weekdays at 7:40 a.m.
Joe talks to people on the radio for a living. In addition to countless impressive human "gets" - he has talked to a lot of Muppets. Joe grew up in Philadelphia, has been on the area airwaves for more than 25 years and currently lives in Washington County, NY with his wife, Kelly, and their dog, Brady. And yes, he reads every single book.
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