Obama confident oil prices will stabilize (AP) – 49th Edition

25 02 2011

White House Press Secretary Jay Carney speaks during his daily news briefing at the White House in Washington, Thursday, Feb. 24, 2011. (AP Photo/Carolyn Kaster)AP – President Barack Obama said Thursday he’s confident that markets will be able to ride out the situation in Libya and the price of oil will stabilize.

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