that according to the latest lumberg survey.he receipt drop in oil prices is driving down prices at the pump. take a look at brent trading down by around 19% over the past six months. trading just above $80 a barrel. we'll talk about oil and gas. bob iachino is joining us now. bob, we have seen a step sell-off in energy stocks because of the drop in price of oil. but do you think the sell-off is overdone and actually bargain hunters should come in to take advantage of this reset evaluation? >> i do. i think it's well overdone. i think one of the things people have to understand is the real factor in terms of the spoil price fall. the wti brent spread, not necessarily the flat price of brent or wti. when you compare the two, when that spread is normalized, oil floats around the world in a market-based sort of way. so when that spread tightens up, when it is as tight as $1.50 at one point, normally it is in the range of $5 to $7.50. when it normalizes, the oil prices can sustain and take effect. when you have that spread tight any

. >> it looks like we may have been found some flooring, lumberge and baker hughes, things are looking more constructive tan a couple days ago. >> going back to the conversation about high yield, though, that is where a lot of the junk exists, in the xhernlg energy space, credit guys are often ahead of things on the way down, that's where they are expression e pressing their concern. i'm inclined to watch them. >> did today's rally signal the selling? carter, let's ask the expert, himself, it's great to have you back especially after a week we had. what do you see in the carts? >> let's figure it out. what about go to precedent, facts, data as it relates to history. so we're in a correction now of some kind. what i have here is all corrections of 5% or greater going back to fine 27. it's important it's 5% or greater. you go down two or three. it's noise. once you go down five, you typically go down more, stock losses kicking in. the spouse calling, screaming, once you are down five, you typically go down more. here's how much more. there have been 210 five plus corrections since fine 9

over ten weeks and featuring great players of the resent past leak former teammates perez and freddy lumbergia's two passions is boly wood and cricket and former batting superstar and team owner looking on and could soon be time to at futbol to the list and it could be easy with the raz-ma-taz and then mumbai and city of sea lived up to the city of goals and contest and the spanish league champion atletico-madrid won 3-0 and the mid fielder hernandez and the new league giving indian players like goal keeper a chance to showcase their talents. admittedly the game was being played at culcutter stadium and one of the few stadiums in india where futbol is bigger than cricket and sunday's match will have organizers hoping they have a product that could rival cricket. i'm with al jazeera. >>> with hamilton dedicated his f 1 grand prix win and the thoughts were with the family of the driver who remains in critical condition following a crash in japan last week. hamilton went to victory from poll position and it earned the mercedes team a title and leads standings by 17 points with three races remai

the lumberg survey says the average price of a gallon of gas dropped by 12 cents to an average of $3.26. and in new jersey, prices have been seen as low as $2.90 a gallon in some places. lower gas prices have been a direct result of falling oil prices. and again, check out the board we have seen on this. you'll see at this point, wti, 84.57. that's a decline of another 1.5%. also, we have been keeping track of the ten-year note. the bond market is closed today, but it's worth paying attention to because the yields at this point are sitting at 2.305%. if you have been checking out the dollar to see what's happening there, you'll see the dollar is down across the board. it's trading with the euro at 1.2684. the yen is at 107.33. and gold prices finally we'll take a quick look at that, gold prices up by $7 to $1,229. >>> and crude oil is down over the last few months, so should investor bs worried or excited to fill up your gasoline pump for so much less? dan dicker is a contributor at "thestreet.com. is there a point when you say all bets are off, this is different? >> somebody has been s

the latest lumberg survey says the average price of a gallon of unleaded regular is down 18 cents inast two weeks to $3.08 per gallon. there you can see on the wholesale market trading at $2.17. >>> we'll show you what is happening with treasuries, ten-year yield at 2.75%. it popped up a little bit late last week as we saw some of the risk on trade. the dollar right now is weaker against the major currencies, 107.8 yen. the euro will cost you about $1.26. and the price of gold this morning is lower but not by much. 1231. >>> and a new controversy this morning in how some states are dealing with ebola. and new york governor andrew cuomo clarifying details about the mandatory 21-day quarantine. now the workers can stay in their homes and health care staff will check on them twice a day and cuomo's comments came after the obama administration pushed back and expressed concern about the quarantines introduced in new york and new jersey on friday. meantime, lawyers for the nurse that is quarantined in new jersey has been on the front page of most of our papers the last three days. she's i