Why Gas Isn’t Getting Cheaper
Posted by sapientcoder on August 22, 2008
Are you like me in that you’ve been wondering why the price of gas at the pump never seems to go down when the price of oil goes down in the market? You’ve probably heard the rumors that speculators are driving up the prices, right? Well, it may surprise you to find out the truth behind who some of those speculators are.
Read this recent article in Time magazine: http://www.time.com/time/business/article/0,8599,1834888-1,00.html.
The article was sent to me by my brother. He’s getting his Ph.D. in Materials Engineering at Stanford and knows one of the authors.
