No 'Silver Bullet' For High Gas Prices

No 'Silver Bullet' For High Gas Prices
Bush administration officials say there is no 'silver bullet' for near-record gas prices, but they are repeating the importance of reducing U.S. consumption of foreign oil as a long-term goal.

Oil prices rebound above $72 in Asian trade on Iran concerns
Oil prices were higher in Asian trade amid concerns Iran will be hit with sanctions or even military action because of its controversial nuclear programme.