Bill O'Reilly (commentator) - Which is having the greatest impact on rising oil prices?

Market speculation is having the greatest impact on rising oil prices.

"When speculators bid up, oil companies raise the prices of oil at the pump. That's why gas prices are rising so quickly."

posted by jas225Approved 7/19/2008 7:00 PM

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Evidence that the opinion of Bill O'Reilly (commentator) is:Market speculation

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"When speculators bid up, oil companies raise the prices of oil at the pump. That's why gas prices are rising so quickly."

At 1:20 O'Reilly discusses the mechanism of speculation driving prices up:

 

Posted on 7/16/2008 12:24:34 PM by jas225Approved 7/19/2008 7:00 PM

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