Middle East Crisis, Speculation Leading To Rising Oil Prices

BOSTON (CBS) – Rising oil prices are raising concerns about the future of the economic recovery.

You might think that Middle East tension is the only factor in the recent price hikes at the pump, but that’s not the case.

See: Other Business Reports

WBZ NewsRadio 1030’s Gregg Jensen reports:

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  • lotsoflaughs

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  • jerry

    Ahhh just trying to recoup some of the money they lost from the gulf disaster , as usual the AMERICAN PEOPLE ARE SUCKERS AGAIN from OUR GOVT the GOVT should just say BEND OVER AND TAKE IT LIKE A REAL AMERICAN .

  • Denise

    speculation that prices are going to go up – well that’s a no brainer… who needs to pay spectulators??? How about they speculate what will happen if we tap into the reserves! The greedy Oil mongers probably will still keep the prices were they are!

    Mythbusters has proven that once you go over 60 MPH you start eating up that valuable gas… if everyone would slow down save a little $$ on gas – maybe it would cut down on all the road rage too… silly people that don’t leave enough time to get to work – or are just way to excited to get to work! ride up your butt and when you pull over they only get 2-3 car lengths past you. OHHHH but it was worth it!

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