Spike Prices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Demand. so when you say why are prices rising, it gives credence to the issue that speculators may be a having a big influence. we're looking at it. but if you go back to 2008, where we also had large supply, limited demand, ed, we saw prices of gas, as you reported, go over $4 a gallon. oil was at $147.27. there's no other reason that i can see, no one can explain why prices were that high. but we did have $200 billion of speculative interests come into the markets over a several-year period. and i think that helped spike prices up. again, i think they're tapping the gas pedal when they get i...

Prices of gas, as you reported, go over $4 a gallon. oil was at $147.27. there's no other reason that i can see, no one can explain why prices were that high. but we did have $200 billion of speculative interests come into the markets over a several-year period. and i think that helped spike prices up. again, i think they're tapping the gas pedal when they get into markets, if they have a big footprint. i'm not suggesting that they are driving it. certainly the middle east and other issues are having some impact also. >> commissioner, where does president obama stand on position limits? he cam...