Is $4 Gas a Profit Gusher for Oil Companies?

Are gasoline prices headed for $4 a gallon? Californians are already feeling the pain of such hefty fuel prices, long before gasoline usually soars ahead of the so-called summer driving season, when higher demand traditionally causes price spikes. Indeed, this kind of a wintertime run-up in gasoline costs is a highly unusual phenomenon, one that many analysts are attributing to speculation in the highly volatile energy markets. . .