Is Oil Speculation Responsible for High Gas Prices?

Is Oil Speculation Responsible for High Gas Prices?

As Americans watch their wallets empty as quickly as gas prices climb, we all search for answers. Some experts say the seemingly endless rise in gas prices is being driven largely by oil speculation, the practice of buying and trading oil futures -- in an attempt to predict the cost of oil at a later date. Should you blame speculation for your pain at the pump?

Next question in The Recession

This content is inappropriate

Please select the category that most closely reflects your concern about this content, so that we can review it and determine whether it violates Civility 101 or isn't appropriate for some other reason.
Abusing this feature is also a violation of Civility 101.

Explanation:


You are seeing 0 Comments on this Argument. See all 6 Comments on this Question.
Regarding Argument
Lack of Regulation Has Cost Oil Consumers Billions
- From Consumer Federation of America
Yes Side
By Consumer Federation of America - Advancing Pro-Consumer Policy
Close Argument Open Argument Go to this Argument

Thank You for your Comment

We review all comments before they're posted. For more on our comment policy, please see our FAQ.

Speculation = High Gas Prices?

  • Yes
  • No
Vote
View Results

Ask Your Friends to Vote

Spotlight

 
 
  • Public Citizen
    Public Citizen
    Public Citizen is a national, nonprofit consumer advocacy organization founded in 1971 to represent consumer interests in Congress, the executive branch and the... More

Subscribe to Opposing News

Biweekly updates on new debates and experts

Thank you for signing up

Please check your email to confirm your subscription.