Wednesday, February 29, 2012

Why gas prices are high

If you listen to the Republican presidential candidates, you would think that high gas prices are President Obama's fault. Their reasoning? The old supply and demand argument. We don't drill enough. Wrong. On The ED Show, Senator Bernie Sanders (I) tells you that demand has gone down and there is good supply. So what is causing this? You guessed it. It's the speculators of Wall Street manipulating the prices. And check out Stephen Colbert have some fun with the rising gas prices.

Visit for breaking news, world news, and news about the economy

No comments: