Speculators help fuel oil prices, prices at the pump - WQOW TV News 18

Gas prices continue to soar ahead of the holiday weekend. So much so that President Obama has created a task force to make sure consumers aren't being ripped off.

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Across the country, the average price for a gallon of gas is now at $3.84 a gallon creeping closer to the all-time high of $4.11 set back in 2008. Here in Eau Claire drivers are paying $3.94 for a gallon of regular at most gas stations. On Thursday, Obama promised the attorney general would look into any cases of price gouging. Across the country, the average price for a gallon of gas is now at $3.84 a gallon creeping closer to the all-time high of $4.11 set back in 2008. Here in Eau Claire drivers are paying $3.94 for a gallon of regular at most gas stations. On Thursday, Obama promised the attorney general would look into any cases of price gouging. "That includes the role of traders and speculators. We are going to make sure that no one is taking advantage of the American consumers for their own short-term gain," says Obama.

Speculators help fuel oil prices, prices at the pump - WQOW TV News 18