Wednesday, February 22, 2012

ECONOMY - Gas Prices and Spoiled Americans

"As Gas Prices Rise, White House Goes on Offensive, Defensive" PBS Newshour 2/21/2012

Excerpt

JUDY WOODRUFF (Newshour): The price of oil on world markets climbed again today, closing above $106 a barrel. That and the rising price of gas at the pump provided political fuel for Republican presidential hopefuls.

Just as the U.S. economy shows signs of strengthening, the price of gas is starting to hit American drivers where it hurts -- again.

MAN: It's crazy. It's expensive. It's going up and up.

WOMAN: It's ridiculous.

JUDY WOODRUFF: The average price for regular reached $3.58 a gallon this week, according to the Energy Department. That's up about 40 cents from a year ago, with most of the increase coming since New Year's.

Geesh.... are we Americans spoiled.

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