04 Mar '12, 5pm

Why are oil prices going up? | Energy << Speculators or intrinsic problem?

Why are oil prices going up? | Energy << Speculators or intrinsic problem?

“You know there are no quick fixes to this problem. You know we can’t just drill our way to lower gas prices. If we’re going to take control of our energy future and can start avoiding these annual gas price spikes that happen every year — when the economy starts getting better, world demand starts increasing, turmoil in the Middle East or some other parts of the world — if we’re going to avoid being at the mercy of these world events, we’ve got to have a sustained, all-of-the-above strategy that develops every available source of American energy. Yes, oil and gas, but also wind and solar and nuclear and biofuels, and more.”

Full article: http://www.greenbang.com/why-are-oil-prices-going-up_2148...

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