CBS Evening News - 2001-05-07
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Read a transcript preview of “CBS Evening News - 2001-05-07” from malgent, uploaded on 2024-08-10.
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Language: English (YouTube automatic captions)
[0:01] More pain at the pump. Gasoline prices
[0:05] take a huge jump. The government says
[0:08] it's going to get worse. And the
[0:10] president says he has no quick fix. In
[0:13] California, new blackout threat says
[0:16] power supply can't meet demand.
[0:19] Eye on America investigates the national
[0:22] energy crunch, causes and possible
[0:25] cures. And Cincinnati on edge as a grand
[0:29] jury weighs a case that touched off
[0:32] rioting.
[0:38] This is the CBS Evening News with Dan
[0:41] Rather reporting from CBS News
[0:44] headquarters in New York.
[0:46] Good evening. The cost of getting from
[0:48] here to there by car is growing more
[0:50] expensive by the day. The US Energy
[0:52] Department reports that in the past
[0:54] week, the price of gasoline has risen a
[0:57] penny a day to a nationwide average now
[1:00] of a dollar seventy a gallon for
[1:02] self-serve regular. Where will it end?
[1:04] The department today upped its estimate
[1:06] by five cents and now predicts the price
[1:09] may top out this summer at a national
[1:12] average about a dollar seventy-five. In
[1:14] the past six weeks, gasoline prices have
[1:16] soared twenty-one percent. For a car
[1:19] averaging twenty miles to the gallon,
[1:21] the cost of driving one hundred miles
[1:23] has risen from seven dollars in March to
[1:26] eight dollars and fifty cents today.
[1:28] A lot more than that in some places like
[1:31] Chicago. Cynthia Bowers is there.
[1:33] Cynthia.
[1:34] Dan, that national average of a dollar
[1:36] seventy doesn't mean a heck of a lot
[1:38] here where regular is going for
[1:40] forty-nine cents more per gallon and
[1:42] there are reports gas station owners
[1:44] have been told to order more threes for
[1:47] their price signs.
[1:51] That woul