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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.
- Couric, Katie;
- Mason, Anthony
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