BREAKING NEWS

Obama to hold news conference on energy issues

By REUTERS

MARCH 11, 2011 03:47

WASHINGTON - US President Barack Obama will hold a news conference on Friday on issues including rising energy prices, a White House spokesman said, as Americans fret over higher costs tied to unrest in North Africa and the Middle East.

US retail gasoline prices have been on the rise amid the tumult in the Arab world, which one pollster said helped send Americans' confidence in the way the country is headed to its lowest point since Obama became president two years ago.

A Reuters/Ipsos poll showed on Wednesday the proportion of people who believed the country is on the wrong track rose seven percentage points to 64 percent from February, in a fresh challenge to Obama, who will be up for re-election next year.

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