France, Britain, U.S. Considering Releasing Strategic Oil Reserves

Posted on March 28, 2012

The national average price for regular unleaded gasoline is not quite at the $4 a gallon a mark, but it is close at $3.92 and the peak of the summer driving season is still months away. The governments of the U.S., France and Great Britain are very concerned the rising oil prices could knock their economies back into a recession. They have joined for talks about opening strategic oil reserves as a way to lower global oil prices. Anthony Mason reports for CBS News:

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