CNN's Egan: 'Recession Fears' and People Reaching 'Breaking Point' Where They Drive Less Are Factors in Gas Price Decline

On Monday's "CNN Newsroom," CNN Business Reporter Matt Egan stated that the decline in gas prices is "happening for a lot of reasons," but "not all of them are good." And that two of the factors are "Recession fears" that have caused oil prices to drop and led to a decline in gas prices, and that $5-a-gallon gas, "was a breaking point" where people started driving less due to the high price of gas.