Speculators impact price but so does our lack of infastructure..
The US has a Gasoline Overage....Too Much Gas...So much we export our refined gasoline. We export more gas than we import. So why the high prices?
It's not the Middle East...
We have not and are not keeping up on our distribution infrastructure.
The U.S. has become a net exporter of gasoline for the first time in fifty years. Thanks to rising production at refineries and declining demand, the United States exported more gasoline than it imported in December. The unusual development reflects the segmented U.S. energy market — the East Coast needs to import gas while the Midwest produces a surplus.