Rising Oil and Gasoline Prices

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In the United States, gas prices have soared to over $3 a gallon. Many Europeans and Asians are paying $5 to $6 a gallon--and there appears to be no end in sight. Increasing demand in the US, China and India, political unrest in Nigeria, strained relations with Iran and hurricane-damaged refineries in America are responsible for part of the surge. Although President Bush yesterday outlined short-term measures to bring that pump price down, energy economists say there's no quick fix to the problem of global supply-and-demand. Guest host Diana Nyad explores the politics and practicalities of combating soaring oil prices. Making News: Fox TV Pundit to Be New White House Press Secretary Fox News radio and television commentator, Tony Snow, was named today by President Bush as his new Press Secretary. Introducing Snow to the White House press corps this morning, the President called it his job to make policy and Snow's to sell it. Richard Wolffe, senior White House correspondent for Newsweek magazine, has a journalist's perspective on the President's choice.Reporter's Notebook: The Nuclear Lessons of ChernobylChernobyl Nuclear Reactor Number 4 exploded 20 years ago today. The human suffering that ensued--and continues to this day--is incalculable. We will never know how many people died and were sickened by direct radiation exposure and environmental after-effects of the disaster. Charles Ferguson, a fellow for science and technology at the Council on Foreign Relations, says the tragedy holds great lessons for our pursuit of nuclear power.
Guest host Diana Nyad, 2002 inductee into the International Swimming Hall of Fame, is a business sports columnist for Marketplace, senior sports correspondent for Fox News, and has hosted her own show on CNBC. She's also the author of three books.

President Bush announces Tony Snow as Press Secretary

Tony Snow, Fox News bio

New York Times on Snow as Bush choice for press secretary

President Bush on energy policy, confronting high gasoline prices

American Petroleum Institute President Cavaney on energy policy

Birnbaum's article on gas costs putting pressure on Republicans

Chernobyl

International Atomic Energy Agency (IAEA) on Chernobyl

Ferguson's article on Chernobyl's lessons for today

Credits

Host:

Warren Olney