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Pain at the Pump: What's behind the High Gas Prices?

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Pain at the Pump: What's behind the High Gas Prices?Republicans are blaming the President, and he's announcing new energy strategies, as the price of gasoline is up to more than $4 a gallon in parts of the country for the first time since 2008. The average increase is 30 cents since the start of the year. A top House Republican says, "Gas prices will be the number one issue by summertime." What are the real reasons for the increase?  How long is it likely to last? We talk with Daniel Yergin, a leading authority on the topic, and others.

 


 
Credits

Guests:
Daniel Yergin - IHS Inc. - @DanielYergin, Bob King - Politico.com - @BKingDC, Patrick DeHaan - GasBuddy.com - @GasBuddyGuy, Ryan Kellogg - University of Michigan and UC Berkeley

Host:
Warren Olney

Producers:
Karen Radziner, Sonya Geis, Caitlin Shamberg