Sunday, August 19, 2012

White House May Tap Oil Reserves To Bring Down Gas Prices

(KPLR) ? The white house hinting at possibly tapping into the nation?s oil reserves to combat high gas prices.? Principal Deputy Press Secretary Josh Earnest says the administration is monitoring the global oil market. ?

He goes on to say the administration will coordinate with other major economies before making a move.

The statement by the white house comes as the international energy agency says global oil prices are steady and no reason for the government to tap the nation?s oil reserves at this time.


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