Saturday, May 7, 2011

White House Battles High Gas Prices; Hopes to Reinforce Consumer Confidence

As gas prices inch towards $4 a gallon nationally, the White House is doing its best to counter Americans' fears those prices will continue upwards over the summer. White House Chief Economist Austan Goolsbee told Fox News that it cost him $75 to fill up his car recently but added the higher gas prices haven't dampened consumer confidence.

Read more: http://politics.blogs.foxnews.com/2011/05/06/white-house-battles-high-gas-prices-hopes-reinforce-consumer-confidence?test=latestnews#ixzz1Lf5GhQR8

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