been dropping for six straight weeks to national average of $3.61 a gallon. oil prices dropped 5% today on word the u.s. tapping the petroleum reserves, but in part because fed chairman ben bernanke warned that the u.s. economy is recovering more slorely than expected. today s numbers remain daunting. unemployment at 9.1% shows no sign of improvement. the labor department reported today that the new application for jobless benefit rose by 9,000 last week. housing market is the weakest economic sector. the commerce department fell in may. it takes 700,000 new home sales a year to keep the u.s. market healthy. this year could be less than half that. the strategic petroleum reserve holds 720 million-barrels. government says 30 million is not a drop in the bucket but the irony it s two days of production. so the political standing
retail gasoline prices have been dropping for six straight weeks to national average of $3.61 a gallon. oil prices dropped 5% today on word the u.s. tapping the petroleum reserves, but in part because fed chairman ben bernanke warned that the u.s. economy is recovering more slorely than expected. today s numbers remain daunting. unemployment at 9.1% shows no sign of improvement. the labor department reported today that the new application for jobless benefit rose by 9,000 last week. housing market is the weakest economic sector. the commerce department fell in may. it takes 700,000 new home sales a year to keep the u.s. market healthy. this year could be less than half that. the strategic petroleum reserve holds 720 million-barrels. government says 30 million is not a drop in the bucket but the irony it s two days of