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Oil prices dropped again today. april futures fell 64 cents to close at $104.38 a barrel. gas prices were up about a half cent overnight. the national average remains around $3.52 a gallon. with each extra penny or two at the gas pump, the pressure mounts on president obama to do something about it. white house correspondent wendell goler looks at one option gaining momentum. with gasoline prices on their fastest rise since hurricane katrina, president obama is under pressure to tap the nation s strategic petroleum reserve. democratic senator chuck schumer yesterday joined several democrats in the house who said that oil could respond to supply disruption and combat the rapid price escalation. the white house says the idea is on the table. i have nothing specifically to ad except it s an option we re considering. privately the white house officials suggest it s not likely because the price of ....
Thank you, james. oil prices dropped again today. april futures fell 64 cents to close at $104.38 a barrel. gas prices were up about a half cent overnight. the national average remains around $3.52 a gallon. with each extra penny or two at the gas pump, the pressure mounts on president obama to do something about it. white house correspondent wendell goler looks at one option gaining momentum. with gasoline prices on their fastest rise since hurricane katrina, president obama is under pressure to tap the nation s strategic petroleum reserve. democratic senator chuck schumer yesterday joined several democrats in the house who said that oil could respond to supply disruption and combat the rapid price escalation. the white house says the idea is on the table. i have nothing specifically to ad except it s an option we re considering. privately the white house officials suggest it s not likely because the price of ....