What President Biden should really do about gas prices
March 9, 2022
Over the years I’ve seen estimates that oil speculators drive up prices by anything from 15 to 25 percent during spikes. (Even the ultra-conservative, market fundamentalist Fed acknowledges that they’re a real factor.) Here’s why they do that. Traders with connections to the oil companies can also make big bets on the opaque crude oil […]
by Dan Burns