Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » $4.00 gas – Is excess speculation to blame?
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Many have cited increased world demand for oil as the reason gas is now hovering around $4 a gallon across most of the country, but a former Senator says that speculation in commodity markets is actually the cause of higher prices.

Former Senator Byron Dorgan, who helped shape the nation’s energy policy during his time on Capitol Hill, says that the recent spike to $4 gas is not a matter of supply and demand, but rather due to   …  More

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This entry was posted on Monday, April 2nd, 2012 at 6:46 am and is filed under Auto Misc., Automobile, Boating, Motorcycle, Powerboat, PWC. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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