August 31, 2005 10:41 AM Subscribe
Gas at $4 a gallon? A quick summary of the current reasons gas remains high ("Not I!" squawks the refiners, "Not I!" squawks producers). The EPA is easing restrictions in affected areas and the national oil keg is being tapped (WSJ), yet despite the whole doom-and-gloom scenerios the Economist remains perky about the cause of rising prices, "higher oil prices [now] reflect strong demand, ... they are the product of healthy global growth."
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