G-7 Nations Want Oil Production Ramped Up

from National Public Radio

In a statement Tuesday, the G-7 nations warned of the risks "posed by elevated oil prices." Demand for gasoline usually starts to wane at the end of the summer but right now gasoline prices are hitting new highs. Oil prices are surging because of tensions with Iran and the ongoing concerns about Hurricane Isaac.

Broadcast Dates

• Morning Edition, August 29, 2012