Analysts: Gas May Soon Cost $4 Per Gallon- Topic: gas prices

Wednesdayâs surge in gas futures, accompanied by a big gain in oil prices, is expected to send prices even higher at the pump in the near future ; retail prices follow the futures market, although with some time lag. Obama energy adviser Jason Grumey recently told Reuters news service that the candidate would stick it to Big Oil . Not that I like high energy prices, but does the Obama campaign really think Americans are stupid enough to believe thereâs a simple fix to our energy problems? The Illinois Democrat goes on to say he wonât let Big Oil âblock change anymoreâ and that heâll push for a tax on âwindfall profitsâ to pay for developing alternative sources of energy and energy assistance for low-income families. read more

[Tags]energy, prices, , gas, big, obama, gas prices[/Tags]

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