Oil, Gasoline Prices Dip On Lower Demand

from National Public Radio

The price of oil is down more than 20 percent from record highs in July, when investors were worried about a shortage of oil, due of rising demand. Now the focus is on falling demand, because of high energy costs. Still, gas prices are slowly coming down, with the average at $3.70, according to the latest national survey.

Broadcast Dates

• Morning Edition, August 25, 2008