Obama Says New Task Force Will Examine Gas Prices
RENO (AP) - President Barack Obama says the Justice Department is assembling a team to investigate fraud or manipulation in the oil markets. Obama discussed gas prices and mentioned Attorney General Eric Holder's the new task force during a town hall in Reno, Nev., on Thursday. He said he wants to make sure that consumers aren't being taken advantage of in the short term.
Pump prices are averaging $3.84 per gallon for regular gas. That's about 30 cents higher than a month ago and almost a dollar higher than a year ago. But there's not much Obama can do to affect the price in short term. Obama is wrapping up a two-day West Coast swing that's mixing
presidential business with re-election campaigning.