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Gasoline Prices #995737

CBS Evening News for Monday, Apr 11, 2011
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(Studio: Katie Couric) Average gasoline and oil prices cited.

(Studio: Anthony Mason) The impact of soaring gas prices on the economic recovery examined; statistics on retail sales and gas sales cited. [Platts global director of oil John KINGSTON†- notes the strain on supplies due to the civil war in Libya.] [Bank of Tokyo-Mitsubishi UFJ Ellen ZENTNER†- says economists have marked down their forecasts for consumer spending.] [In Chicago, Burbank and Atlanta, CBS reporters Dean REYNOLDS, Bill WHITAKER, Mark STRASSMANN – comment on the increased cost of groceries, food production and deliveries and the losses for restaurants.] [Shopper Ann BAKOPOULOS††, farmer Alan KEMPER††, florist Kimberly WILLIAMS††, Nancy’s Pizza manager Juan BURSON†, diner Caesar DAVIS††– comment.] Why prices are rising when there is enough supply to meet demand discussed.

Reporter(s):
Couric, Katie;
Mason, Anthony
Duration:
00:05:00

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