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Nasdaq gained 17-1/2. gasoline dropped a penny-and-a-half. the national average is $3.61 a gallon. down 22 cents. from a month ago. crude oil prices plunged $4.5 a barrel to close at $91.02. that drop in crude triggered by the word that the obama administration is about to tap the country s reserve oil supply. chief correspondent carl cameron has more on the plan and the reaction. president obama approved the release of 30 million-barrels of oil from the u.s. strategic petroleum reserve as part of the u.s. role in 60 million-barrel release by international energy agency in response to diminished supplies caused by turmoil in middle east and libya. we re pleased that the president has taken the action. the democrats hailed the move as economic boost. and john boehner released a blistering statement accusing the president of playing 2012 ....
S&p 500 dropped 4. nasdaq gained 17-1/2. gasoline dropped a penny-and-a-half. the national average is $3.61 a gallon. down 22 cents. from a month ago. crude oil prices plunged $4.5 a barrel to close at $91.02. that drop in crude triggered by the word that the obama administration is about to tap the country s reserve oil supply. chief correspondent carl cameron has more on the plan and the reaction. president obama approved the release of 30 million-barrels of oil from the u.s. strategic petroleum reserve as part of the u.s. role in 60 million-barrel release by international energy agency in response to diminished supplies caused by turmoil in middle east and libya. we re pleased that the president has taken the action. the democrats hailed the move as economic boost. and john boehner released a blistering statement accusing ....