As gas prices rise, people want government to step in--but what can government do?

Nov 1, 2022, 10:58 AM
Americans responding to a Gallup poll want the White House and Congress to do something decisive about rising gas prices. What can government really be expected to do?

Florida State College at Jacksonville Professor of Economics Roman Cech, Ph.D., approaches the question for Action News Reporter Ryan Smith, explaining the short-term possibilities, and what would have to happen for a long-term gas price reduction. (CBS 47 WTEV, March 12, 2012, 6 p.m.)