House Speaker Nancy Pelosi called on President Bush to release oil from the government’s emergency reserve to knock down gasoline prices she says “are helping push the economy toward recession.”

President Bush still thinks a bill forcing his administration to temporarily stop acquiring oil for its emergency stockpile is a bad idea, but he’ll sign it anyway, a spokesman said Monday.

President Bush still thinks a bill forcing his administration to temporarily stop acquiring oil for its emergency stockpile is a bad idea, but he’ll sign it anyway, a spokesman said Monday.

The Energy Department says it has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires.

The Energy Department says it has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires.

The Senate late Wednesday approved and sent to the White House legislation directing President Bush to temporarily halt oil shipments into the government’s emergency reserve, hoping to lower energy prices.

Bank of America Corp. says it will expand efforts to help Countrywide Financial Corp. borrowers avoid foreclosure on trouble mortgages.

The Energy Department said Friday it would continue putting oil into the Strategic Petroleum Reserve even as crude oil prices remain above $100 a barrel.