Obama keeps up push to end gas, oil tax breaks (AP) – 1218th Edition

1 05 2011

FILE - In this April 20, 2011 file photo, gas prices above five dollars a gallon are seen on a sign at a gas station in Washington. Americans are down in the dumps. Even though the economy is slowly recovering from the Great Recession, unemployment remains near 9 percent. Gasoline prices have shot up to about $4 a gallon (almost a dollar a liter). That's about a third more than than just six months ago. It's pinching already tight household budgets. (AP Photo/Susan Walsh, File)AP – President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.

By us.rd.yahoo.com
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