Speculators Cause Spike In Oil Prices

The price of a barrel of oil has jumped up from $45 to nearly $70 in just three months. And gas prices have been creeping up too. Rebecca Williams reports these prices are out of sync with the usual rules of supply and demand:

A blog post on oil speculation from The Huffington Post

An article on oil prices from the Wall Street Journal

An article on oil prices from The Economist

Producer: Rebecca Williams
Release Date: June 1, 2009
Running Time: :47