News Snapshot:
$3 a Gallon! Who Can Do Something About Gas Prices? (Bloomberg Opinion) -- With warnings against overseas travel firmly in place, that summer road trip is looking more attractive. It’s also looking more expensive. Perhaps the U.S. government should look at what China is doing to ease rising oil prices and sell off some of its strategic stockpile. U.S. gasoline prices at the pump have been firmly above $3 a gallon on average since mid-May and show no sign of coming down any time soon. That’s putting pressure on American drivers, who are back on the road using almost as...
