Obama on Gas Prices: From Shock to Trance
In his first televised interview since winning the election, President-elect Barack Obama spoke with Steve Kroft of CBS’s 60 Minutes about the potential bailout of the American auto industry. He reminded the American people about the importance of breaking from its dependence to oil—despite the recent and dramatic drop in prices at the pumps.
Kroft: You have a situation right now where you have General Motors, which is in dire straits.
Mr. Obama: Yeah.
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