Business Rundown: Oil Prices Are Down. When Will Pump Prices Follow?

Consumers in the United States are anticipating relief at the gas pump as oil trades near pre-Iran conflict levels. Prairie Operating Company Executive Vice President for Market Strategy and FOX Business Contributor Lou Basenese joins FBN’s Taylor Riggs to discuss why energy prices are sliding and how long it will take to positively impact everyday Americans. Plus, a look at the massive long-term demand for semiconductor chips and why the next generation must understand the true value of capitalism.