Snow: gas prices to moderate 'from here on out' (by Corbett B. Daly)

WASHINGTON (CBS.MW) -- Treasury Secretary John Snow said Friday he expects gas prices to come down in the coming months as U.S. consumers decrease their demand and oil production is increased. Snow said high prices might cause U.S. drivers to "take vacations that aren't quite as far away," lowering demand in the summer driving season when "you normally see prices go up with stronger demand." That and increased oil production from the Organization of Petroleum Exporting Countries should cause gas prices to fall. "I think the combination of conservation and increased supplies will certainly moderate prices from here on out," Snow said in a television interview with Fox News.