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CNN CNN Newsroom February 24, 2012

average of 6 cents a gallon. why have they gone up? i wish i could give you the political sound bite the politicians want, but it s just not that simple. the world is big. there are three things driving this, and that is essentially the price of oil that s influenced by iran and the middle east, supply and demand, you have a lot of people, certainly in india and china, who are getting richer than they ve ever been before using more, and then speculators. it sounds like an evil word. sometimes it means banks and hedge funds, but often it means the investments that you and i and anybody who has a pension hold. pension funds, remember, betting the oil markets just like everybody else. these aren t just people who are actually going to use oil at the end but people who make money on the price of oil going up and down. so even if you re paying more at the pump, it s also possible that your retirement fund is earning some money because the underlying price of oil is going up. o

CNN CNN Newsroom February 24, 2012

preparing to give legitimacy to the opposition. arab nations have started supplying arms to syrian rebels. protesters on the street in afghanistan voicing outrage over the kwurning of qurans by troops. eight people have been killed in today s demonstrations. nato says burning the cqurans w mistake. gas prices shot up 12 cents this week alone nationwide the average bright, 3.64. in some price in the country more than $4 a gallon. election hot button issue. anybody who tells you we can drill our way out of this problem doesn t know what they are talking about or just isn t telling you the truth. that is maryland state senate voted to legalize same sex marriage. the governor will sign it in law appeared join sx states, connecticut, iowa, new hampshire, new york and vermont and washington d.c., all of which will currently currently issue same sex marriage licenses. 35,000 postal jobs are at risk, the head of the postal union says it s faster, his plans to consolidate

CNNW CNN Newsroom February 24, 2012

get aid in and dead and wounded out. friends of syria group includes u.s., arab and european nations. preparing to give legitimacy to the opposition. arab nations have started supplying arms to syrian rebels. protesters on the street in afghanistan voicing outrage over the kwurning of qurans by troops. eight people have been killed in today s demonstrations. nato says burning the cqurans w mistake. gas prices shot up 12 cents this week alone nationwide the average bright, 3.64. in some price in the country more than $4 a gallon. election hot button issue. anybody who tells you we can drill our way out of this problem doesn t know what they are talking about or just isn t telling you the truth. that is maryland state senate voted to legalize same sex marriage. the governor will sign it in law appeared join sx states, connecticut, iowa, new hampshire, new york and vermont and washington d.c., all of which will currently currently issue same sex marriage licenses. 35

CNNW CNN Newsroom February 24, 2012

roulette. straight to washington we go to lizzie o leary. we re talking gas prices. they jumped 3 cents a gallon from yesterday to a national average of 6 cents a gallon. why have they gone up? i wish i could give you the political sound bite the politicians want, but it s just not that simple. the world is big. there are three things driving this, and that is essentially the price of oil that s influenced by iran and the middle east, supply and demand, you have a lot of people, certainly in india and china, who are getting richer than they ve ever been before using more, and then speculators. it sounds like an evil word. sometimes it means banks and hedge funds, but often it means the investments that you and i and anybody who has a pension hold. pension funds, remember, betting the oil markets just like everybody else. these aren t just people who are actually going to use oil at the end but people who make money on the price of oil going up and down. so even if you re

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