WASHINGTON (Reuters) - The White House said on Wednesday oil prices are too high, as U.S. crude closed in on the landmark $100 level.
"Oil prices are too high," said spokeswoman Dana Perino. Oil sped above $98 a barrel for the first time on Wednesday, driven by a slumping dollar and worries over a winter fuel supply crunch.
(Writing by John Ruwitch)
WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.
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