Gas Prices Are Topic in Bernanke’s Address Today on Capitol Hill

Federal Reserve Chairman Ben Bernanke is in Washington today, discussing the rising cost of Gas. Bernanke is delivering his twice-a-year economic report on Capitol Hill. Gas prices have risen to the highest level ever for this time of year. Triple-A says a gallon of regular jumped another 8 cents over the weekend. In Northern Michigan, prices are hovering around $3.45 per gallon. Officials say higher prices at the pump could slow down the economic recovery. 9&10 News will have the latest update on this story, tonight during 9&10 News at 5:00.