The Effects of Oil Production Turmoil: What We Pay For At The Pump

"The price of the gas at the pump fluctuates mainly with the price of crude oil, plus a time lag. The price of crude itself bounces around due to all sorts of influences, exaggerated if not caused by the huge amount of speculation in the oil market."

Read the full article: http://www.pbs.org/newshour/rundown/2011/03/the-effects-of-production-turmoil-what-we-pay-for-at-the-pump.html