Washington, D.C.–(ENEWSPF)–May 18, 2012. The Group of Eight summit, hosted by the United States, will begin today at Camp David, and the Center for American Progress released “Preparing for the Next Oil Price Shock,” which examines why a price spike could happen and how selling reserve oil could help bring down prices. Most of the G-8 nations have suffered from high oil and gasoline prices this year, which undermines economic growth, particularly for nations that import a significant portion of their oil.
