Schumer Wants Saudi Deal Blocked

With gas prices creeping closer to four-dollars a gallon, New York Senator Charles Schumer says he knows what would bring prices down. Schumer wants Congress to block a multi-million-dollar arms sale between the Bush Administration and Saudi Arabia. Schumer says if Saudi Arabia started producing oil at the level it was back in 2005, prices at the pump would fall by 35 to 50 cents a gallon. New York's senior senator says at that time, the Saudis were pumping 800-thousand more barrels a day. According to the Lundberg survey, prices at the pump have climbed 15 cents over the past two weeks. The new national average for a gallon of regular unleaded is three-dollars and 62 cents.