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Rampant Speculation to Blame for Gas Prices? | Business

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Rampant Speculation to Blame for Gas Prices?
Business
Rampant Speculation to Blame for Gas Prices?

Here is an interesting theory why gas prices are spiking ... what do you think?

Click on "Comments" below to share your views, or send an email to become a 2 Your Town community blogger and post your own stories.

The real culprit, it seems, is good old-fashioned, Enron-style manipulation of the oil market by speculators and hoarders. It’s gotten so bad that even Goldman Sachs acknowledged that speculators are at least partially responsible for pushing up the price of crude.

Read the complete article here.

Use the link at the top of this page to find the lowest gas prices in your neighborhood.

 

 

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