Economy

February 21, 2012 5:38 PM

Once again, speculators behind sharply rising oil and gasoline prices

U.S. demand for oil and refined products - including gasoline - is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes. Yet oil and gasoline prices are surging.

Related content

Comments

Videos

More Videos

Offshore corporations - The secret shell game <span class='title-duration'>02:24</span> 02:24

Offshore corporations - The secret shell game 02:24

Watch Topher Ingalls' motocross video filmed in SLO County <span class='title-duration'>02:12</span> 02:12

Watch Topher Ingalls' motocross video filmed in SLO County 02:12

Dog attacks butterfly as horrified owner captures it on video <span class='title-duration'>00:28</span> 00:28

Dog attacks butterfly as horrified owner captures it on video 00:28

Offshore corporations: The secret shell game <span class='title-duration'>02:24</span> 02:24

Offshore corporations: The secret shell game 02:24

High school students taunt opponents during basketball game, chanting with giant picture of Trump <span class='title-duration'>00:36</span> 00:36

High school students taunt opponents during basketball game, chanting with giant picture of Trump 00:36

What is a concussion? <span class='title-duration'>00:31</span> 00:31

What is a concussion? 00:31

Target manager asked about bathroom policy <span class='title-duration'>02:31</span> 02:31

Target manager asked about bathroom policy 02:31

Canadian prime minister geeks out over quantum computing <span class='title-duration'>01:09</span> 01:09

Canadian prime minister geeks out over quantum computing 01:09

What should Donald Trump do differently? <span class='title-duration'>01:38</span> 01:38

What should Donald Trump do differently? 01:38

Why it's hard to keep the pounds off <span class='title-duration'>03:01</span> 03:01

Why it's hard to keep the pounds off 03:01

Share Video

Editor's Choice Videos