April 19, 2011 / 3:05 PM / 7 years ago

High energy prices threaten US recovery-US Energy Secy

WASHINGTON, April 19 (Reuters) - U.S. Energy Secretary Steven Chu on Tuesday said he was concerned that rising crude oil and gasoline prices could undermine a U.S. economic recovery.

“We are in a very delicate recovery and we’re very concerned that these higher prices will have impact on that recovery,” Chu told reporters after an event to promote electric vehicles.

U.S. pump prices averaged $3.84 a gallon last week, the most expensive since August 2008, according to government data released on Monday. (Reporting by Tom Doggett)

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