Sunday, February 19, 2012

Obama aides: Modest growth, but wary of oil prices (AP)

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President Barack Obama waves as he walks across the South Lawn of the White House after stepping off Marine One helicopter during his arrival in Washington, early Saturday, Feb., 18, 2012. (AP Photo/Pablo Martinez Monsivais)AP - Amid predictions that the economy's recovery will continue at a moderate pace, White House officials are keeping an increasingly wary eye on oil prices, worried that an election-year spike in the cost of gasoline could dampen consumer confidence and quash President Barack Obama's recent economic and political gains.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20120217/ap_on_go_pr_wh/us_obama_economy

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