hi, everyone. welcome to "on the money." diet dictates, federal government's new food guidelines and how it does affect what you eat. crude awaken, u.s. oil for the first time in 40 years. what does it mean when you buy gasoline. on the road at the detroit auto show. what does the car industry have in store for you next time you head to the showroom. you won the powerball, so much for paying off that mortgage. you still need a financial plan. how to make one and what it should be. "on the money" starts right now. >> announcer: this is "on the money." your money, your life, your future. now, becky quick. >> here is some food for thought for you.

every five years the u.s. government comes out with new guidelines about what we should and shouldn't eat. while the intentions should be good the result could be a recipe for confusion. that is our cover story. when the department of agriculture updates dietary guidelines, wide ranging trends for the food and fitness industry to diets and restaurants. you might recall the low fat movement of the '80s and '90s starting when the government told people to cut back on the consumption of fat. this year government calling out america's sweet tooth. first time addressing sugar, should make up no more than 10% of calories consumed. the update is part of the my plate initiative which replaced the food pyramid back in 2010. my plate is designed to show building blocks of balanced meal and get americans to eat more fruits and vegetables. guidelines suggest americans cut back on saturated fats which

they say should make up no more than 5%, found in meat and dairy. suggesting salt intake of 2300 milligrams. a teaspoon a day. good news, you can eat your eggs. for americans watching cholesterol found in egg yokes, that recommendation was removed. feel free to have your morning coffee. the government says three to five cups a day can be part of a healthy diet. joining us today to talk about the new guidelines and their impact is restaurateur owning 30 restaurants worldwide with his partners. also michael moss, pulitzer prize winning journalist and the author of "salt, sugar, fat." gentlemen, it is great to have you here today. i admit i'm confused. i feel like i hear this a whole lot. let me start with each of you. are these guidelines correct? should we be listening to them? what do you think? >> actually believe it or not, it's the same thing we've been

saying for years and years. watch the sugar, watch the fat, watch the overall calories, do some exercise, even eat some real food is in there if you look closely. surprisingly it doesn't change so much except for those eggs. eggs really got good news. >> i can't get my head around a tablespoon of salt every day. >> like salt doesn't have multi-million dollar lobby. they beat up on salt because no one is defending it. you get a teaspoon of salt, while they don't say don't he'd meat, but watch saturated fat. between the line, balanced diet more froos and vegetables, kpeg exercise more, drink more water, don't drink soda is obvious. if you look between the lines what they are not saying is where people get into what is really the politics of what's going on. >> people are so excited about the meat part of this.

when the committee was meeting they are going there's an environmental affect of meat consumption, a health effect. we need to start telling people, cut back. you're eating way too much meat. the final guidelines come out and what do they say, you have to look really hard for any reference there. it is there. they do say teen poise and men are eating too much meat, eat more vegetables. >> you think because of the meat lobby. >> yes. it's a miracle these things come out. they are overseen by department of agriculture which doesn't have to be lobbied to promote meat. >> part of their job. >> their mission. >> as a consumer i do walk away confused. i know these guidelines are every five years. it seems like every year or two, there's somebody telling us it's okay to eat something we thought was bad five years ago. we shouldn't be eating something i've been eating all along. >> i think it's about moderation. whether they allow to you drink a couple more cups of coffee or

have more scrambled eggs, the overall tone is moderation. the plate of what's changing in fine dining scene in america is definitely a big leading indicator. you're seeing less of giant steaks, pork chops, proteins are smaller because they cost too much. people have to limit what they charge for a dish of food. more vegetables, more leg ums. balance of fine dining plates in restaurants is leading the charge and a trickle down there from service and fast-food. that's what happened with the spike in energy cost, everything went through the roof including things like dairy, which they say is really driven by energy, which is fun y. now oil costs 1/5 of what it costs but dairy has only gone up not done. >> i love how economics is driving it. you see the same thing in the grocery store. all the big food giants reporting dismal earnings and they are scrambling to respond to this kind of growing concern

by everybody about what we put in our mouths and body they are trying to come up with. >> for us. >> the reference to sodas, two sodas, that's if you don't have sugary cereals. sugar seems to be one of the firmest out there meaning too much. >> what happens if i eat too much of it. >> lower life span, all kinds of health problems, obesity, diabetes, thank you, gout, et cetera, et cetera, kind of the linkages of sugar are increasing. >> we talked briefly, what about wine. >> we want took eat more plant based foods, vegetables and fruit. wine is fruit juice. it's great fermented fruit juice. wine is a pleasure giver,

completes a meal. the calorie intake on dry white wine is not that much, 150 to 100 calories a glass. that's calories well spent in my opinion. they make you smart and make you beautiful. >> they make you beautiful if someone else is drinking them. >> as well as yourself. self-beautification on a glass of wine. >> we'll take it on that positive notes. gentlemen, thank you for coming in. we really appreciate it. now here is a look at what's making news as we head into the week with "on the money." soft retail tails by december, sales phet a tenth of a percent for the year. it's about in line with expectations. falling gas prices contributed to the decline. retail sales closely watched because the consumer makes up more than two-thirds of the u.s. economy. didn't help the stock market in early trading friday. stocks taking a tumble. that capped off a volatile week that saw a 200 point balance and 300 decline. ge moving up. industrial conglomerate moving from fairfield, connecticut to

boston. ge getting tax breaks for the move and says as it becomes more of a technology company it wants access to academic institutions in the boston area. no surprise but personal computermakers shipped fewer units last year than at any time since 2007. pcs are facing a triple threat. a slowdown in chynna strong dollar and increase in the number of smart phones. up next we're "on the money." after 40 years u.s. export ban on crude oil is over. that tanker leaving texas contains the first shipment. find out what it means for you at the pump. later hot wheels. glitter, glitz and glamor from detroit and what you may be driving next year. right now as we go to a break, a look at how the stock market ended the week look. out.

we cut our imports of foreign oil by nearly 60%. gas under $2 a gallon ain't bad either. >> that was president obama from his final state of the union this week. now for the first time in 40 years, u.s. oil companies are selling crude oil abroad. congress just lifted an oil export ban that was in place since the 1970s oil crisis, but will free trade mean expensive gas? helima croft, global head of strategy, tyson slocum is the director of the energy program at public citizen at the consumer advocacy group. thank you both for being here today. >> thank you. >> good to be here. >> helima, let's start out with you. is this a good thing or bad thing for the u.s. consumer? >> for u.s. producers it's a great thing, at certain point we're going to have u.s. refineries not being able to take all the crude the u.s. is producing, so it gives an outlet for u.s. producers. so if you're looking at a global market, more oil on the global market means potentially lower prices.

so the consumer should benefit, but i think not right away. this is not going to make a difference until we have a recovery in u.s. prices and also u.s. production coming back. >> yeah, we are looking at oil prices at the lowest levels in over 12 years. tyson, what do you think, do you think we live to regret this? >> absolutely. we're not going to see the impacts right away, because both the domestic and the international oil market is saturated with excess oil and storage, but once that starts to tighten, which i think could happen later this year, u.s. producers no longer burdened by having to only sell their oil to u.s. refiners are going to be free to move very large volumes of u.s.-made oil out of the united states. we're already seeing sales to europe and china. that will accelerate, and what that's going to do is raise u.s. benchmark oil prices, which in turn is going to increase the price at the pump. >> you heard what helima just said, she thinks this is going to be beneficial over the longer

haul because it's additional oil put on the market and oil is a global market. >> well, that's really speculative, because the fact of the matter is, is that the ability of the united states to flood the international market, to drive prices down is limited because we're still a major importer of oil. we're still importing 7 million barrels of oil every day and that's not going to change any time soon. >> the problem is with this argument is the u.s. refineries are geared to run a heavier blend. i mean, there's no way at this point that it's going to be easy for u.s. refineries to be able to run all the oil that u.s. producers produce. in order to process all of the u.s. crude, they would have to make very expensive modifications. in turn what this could mean is you would have a slowing of the u.s. production story. so in a sense, you could be capping how many barrels the u.s. could be producing if you did not provide them an outlet for their crude.

>> even if oil was around, not being able to get it refined, meaning prices at the pump don't go up. what do you say to that, tyson? >> as the united states was flooding the domestic market with more light crude from fracking, we were sharply decreasing imports of light crude from places like nigeria, where imports went from almost a million barrels a day to less than 100,000. >> let me switch topics a little bit and look at it from another angle. there are people like boone pickens who say, look, we don't want to be taking our money and giving it to people who hate us, paying the middle east for a lot of these things. we'd rather be self reliant and not go outside. what do you say to the safety issue? >> we're still going to be taking saudi oil, mexican oil, venezuelan oil, but why i think it's important to keep u.s. production going and keep this north american story alive is, it does mean in the end we're less dependent on these countries from a foreign policy perspective. right after 9/11 we were very concerned in the u.s. government with access to energy, you know,

with places like nigeria because we never thought we'd have u.s. production, so we can have a different foreign policy relationship with these governments than we might have had because we have this abundant resource in the u.s. >> let me ask you this, when you look at the jobs picture, plenty of people in the industry and beyond that say this is a very good thing for u.s. jobs, because it will create those oil jobs we might not necessarily have otherwise, particularly with prices this low. >> when oil was going gang busters $80 and $100 a barrel, oil producing states like north dakota and texas were flying high. their state budgets were in surplus, employment was excellent, and then when oil prices went down, now we're seeing economic disruption in those states. >> helima, very quick last word. >> i mean, look, the u.s. production story is what caused prices to come down. it has fundamentally changed the way america conducts foreign policy. anything that can keep this story going is in the u.s. economic and foreign policy interests. >> helima, tyson, thank you both for joining us today. we appreciate it. up next we're "on the money," detroit dreams, the hot

new cars from the auto show this year and what you might be driving if you are looking for new wheels. and later, everyone's a winner! okay, not really. if you, like me, didn't strike it rich with powerball, it is even more important to know how to manage your money. we have important tips when we return. the flu virus hits big. with aches, chills, and fever, there's no such thing as a little flu. and it needs a big solution: an antiviral.

so when the flu hits, call your doctor right away and up the ante with antiviral tamiflu. prescription tamiflu is an antiviral that attacks the flu virus at its source and helps stop it from spreading in the body. tamiflu is fda approved to treat the flu in people two weeks of age and older whose flu symptoms started within the last two days. before taking tamiflu, tell your doctor if you're pregnant, nursing, have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular may be at an increased risk of seizures, confusion, or abnormal behavior. the most common side effects are mild to moderate nausea and vomiting. anti-flu? go antiviral with tamiflu.

if you bought a new car or truck in the last year or are thinking about a new set of wheels, you are part of the great resurgence in the u.s. auto industry. last year it set an all-time record for new vehicles sold and many believe the record will be broken again this year. what's hot right now? phil lebeau just returned from the detroit auto show and joins us now with more. phil, what's up? >> we've long had a love affair in this country with trucks and suvs and saw plenty at the detroit auto show this year, along with a slew of cars they are hoping become hits. showing plenty of flair and a dash of sex appeal, the auto industry is riding high. at this year's detroit auto show, luxury took center stage. mercedes unveiled the new e-class, while hyundai officially launched its first luxury brand. >> introducing the all new -- genesis g-90. >> no compromises in terms o performance and technology and vehicle dynamic. there's no compromise in any

vehicle out there. we've proven we can compete with anybody in the world. >> after buying an all-time high 17.5 million vehicles last year, there's no doubt americans have a huge appetite for new cars and trucks. primarily because the average vehicle in america is over 11 years old, and a relatively strong economy creates a healthy demand for certain vehicles like pickup trucks. >> we think there's growth, you know, moderate growth, because when you look at it, the biggest corollary with full-sized pickup sales is the housing industry. and housing still has not got back above pre-recessionary levels. >> with so many new models coming out and national sales expected to grow just 1% to 2% this year, some wonder if the industry will overheat and dealers will start offering bigger discounts in order to keep sales moving higher. >> incentives that seem good when you buy the car also reduce its value over time. >> the other challenge for automakers, record low gas prices. yes they've made trucks and suvs

must-have rides once again, while making it tougher to sell hybrids and electric cars, like the chevy bolt, which has been in development for years and is now ready for showrooms. despite prices at the pump, general motors believes it will do well. >> more than 200 miles of range for $30,000. when you put that equation in front of people, they get it right away. this is about making them available for everybody. >> not everything we saw in detroit will be in show rooms, but a few models like the bolt will be there before the end of the year, and becky, the bolt and other vehicles in the show rooms are all expected to be part of another record year in sales here in the u.s. this year. >> phil, what's happening with leasing versus buying? what's more in demand at this point? >> well, more people will buy than lease, but leasing is now at an all-time high. in fact, think about this, becky, almost a third of all vehicles that are financed, in other words, either with a loan

or with leasing, almost a third of those vehicles financed are through leases. the reason is it's about $100 cheaper in your monthly payment to lease as opposed to taking out an auto loan. >> phil, thank you. up next "on the money," a look at the news for the week ahead. and no powerball, no problem. even if you didn't win, you need a financial plan. we'll tell you how to make one and how to keep it when we come back.

here are the stories coming up that may impact your money this week. earnings season is in full gear. we'll be hearing from netflix, bank of america, goldman sachs, g.e., and starbuck's. monday the markets are closed for martin luther king jr. day. on wednesday the world economic forum begins in davos switzerland. i'll be there and bringing you all sorts of coverage next weekend. wednesday also brings a read on inflation with the consumer price index. we'll also get a look at housing. the housing starts numbers for december. and on thursday, thousands of people will descend on park city, utah, for the sun dance film festival. okay, so you didn't win that record setting powerball jackpot. now all those promises you made about paying off your mortgage or giving money to your kids are just gone. or are they? even though you're not the winner, you can still turn those dreams into reality, it just might take planning. joining us right now, senior personal finance correspondent sharon epperson. she has more realistic ways to

control your money, your future. sharon, for us mere mortals that still have to get by on an average income, what do you do to fix your finances? >> take stock of where you are right now and where are all your accounts. do you know where they are, do you know how much you have in them, checking, savings, retirement accounts, and do you know how much you owe, credit card bills, mortgages. other expenses. >> do you want to know how much you owe after the holidays. >> exactly. exactly. and what were those financial goals? those imaginary winnings you thought you were going to have after you won the powerball, what were they going to cover, make it possible for you to be able to retire? >> college funds. >> kids college funds, so set your goals in terms of what your financial goals are so you can try to meet those. >> one of the trickiest things when i've sat down and tried to do this exercise in the past, where do you cut the spending, where is it you can trim and take the money and set it aside. >> here's one of the things, don't buy lottery tickets, how about that? how about starting there? a lot of people are regulars. this is what i learned when i bought my first lottery ticket

with this powerball, because i've never played before and people spend $10 a week playing powerball, that's $520 a year you're spending on lottery tickets. that's a lot of money. save the amount you'd spend on those tickets, make monthly contributions then to a savings account, you know, that you would have put for the lottery, and see how much that will add up. it can add up to a significant amount of money. $520, right, start with that amount, $40 a month over five years you'll have over $3,000. why is this important? the average american has less than $1,000 in savings. >> now that you have this lump sum that you've taken, how do you maximize your savings on it? >> you want to put it in a savings account you get interest on. >> good luck finding one of those lately. >> exactly, exactly, not going to be very much, but it's something. put it in a savings account, cut down spending, it's the hard part for everyone, but think of what you can cut out and think of what you can cut back on, and try it for a month. will you survive? you probably will survive. the other thing, where do we

make most of our money is through what we earn. so figure out ways to earn more, whether that's creating a side business for yourself, whether that's just having that meeting at the beginning of the year, talk to your boss, what do i need to do over the next six months to get more money? this is what i've contributed, this is what i'd like to do next, and this is why i think i deserve more pay. doesn't hurt to ask. >> doesn't. sharon, thank you. >> sure, my pleasure. that's the show for today, i'm becky quick. thank you so much for joining me. next week, escape the cold for a sunny destination. the vacation hot spots where you can get away and get a deal. each week keep it right here, we're "on the money." have a great one and we'll see you next weekend. nobody move! get on the floor! do something! oh i'm not a security guard, i'm a security monitor. i only notify people if there is a robbery. there's a robbery. why monitor a problem if you don't fix it? that's why lifelock does more than free credit monitoring

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i have been all over the world for cnbc but i've never been here posting "options action." guys getting ready for the show. why they do that, here's what's coming up. >> that sums up our traders field. but if you're worried about more losses, relax. we'll tell you how you can still protect your portfolio. >> what the heck? >> that's what investors have done with shares of disney but the stock may have found a bottom. we'll tell you what the bulls are looking at. and -- including the price