Friday, May 20, 2011

Spike in gas prices offsetting U.S. tax cut, Obama says

President Obama acknowledged Friday that the fast-rising cost of gasoline could diminish the effect of policies designed to stimulate economic growth, but warned that he is not yet prepared to unleash the nation's energy reserves to bring down the price of oil.

Source: http://www.washingtonpost.com/wp-dyn/content/article/2011/03/11/AR2011031105814.html?wprss=rss_politics

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