Obama says new task force will examine gas prices
(AP) - President Barack Obama says the JusticeDepartment is assembling a team to investigate fraud ormanipulation in the oil markets.
Obama discussed gas prices and mentioned Attorney General EricHolder's the new task force during a town hall in Reno, Nev., onThursday. He said he wants to make sure that consumers aren't beingtaken advantage of in the short term.Pump prices are averaging $3.84 per gallon for regular gas.That's about 30 cents higher than a month ago and almost a dollarhigher than a year ago.
But there's not much Obama can do to affect the price in shortterm.Obama is wrapping up a two-day West Coast swing that's mixingpresidential business with re-election campaigning.
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