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White House: $40 Oil Undermines Economy

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White House: $40 Oil Undermines Economy

White House: $40 Oil Undermines Economy

White House: $40 Oil Undermines Economy

  • Download
  • <iframe src="https://www.npr.org/player/embed/1178868/1178869" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Crude oil prices soared to nearly $40 a barrel this week. Drivers are paying $2 a gallon for gasoline in some parts of the country. The jump in energy prices could undermine the economic recovery, and the White House today said it is very concerned. NPR's Scott Horsley reports.