Geithner Says No Quick Fix to Gas Prices in an ‘Uncertain World’
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U.S. Treasury Secretary Timothy F. Geithner said there’s no easy way to reduce gasoline prices because the cost of oil is influenced by a “dangerous and uncertain world.”
Geithner, in a speech last night to the Economic Club of New York, also said he is encouraged by prospects for the U.S. economy even if “unemployment is very high, and is improving more gradually than any of us would like.”