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Economy: Energy Prices #954370

CBS Evening News for Wednesday, Nov 21, 2007
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(Studio: Russ Mitchell) The drop in the index of leading economic indicators noted; crude oil prices cited.

(Oakland, California: John Blackstone) The ripple effect of the high cost of oil examined; details given of the impact on one man’s coffee business; the increase in coffee and home heating oil prices cited. [Peerless Coffee and Tea Co. George VUKASIN††- notes natural gas, propane, oil and electricity prices are going up.] [University of California Energy Institute Severin BORENSTEIN†- says it will ripple through and end up at the retail prices.] [Norwalk, Connecticut, homeowner Bill HIRSCH†- comments.]

Reporter(s):
Mitchell, Russ;
Blackstone, John
Duration:
00:02:30

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