Why diesel’s sluggish price drop should accelerate  

Now that gasoline has plunged below $2 a gallon in some markets and diesel remains above $3, you might wonder why diesel prices haven’t fallen as fast.

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Oil gamble on Wall Street? Speculation back in the headlines

President Obama is hammering on oil speculators again, while Republican opponents such as House Speaker John Boehner and presumptive presidential nominee Mitt Romney are calling the talk about speculation hooey, falling back on the same old "drill, baby, drill"-type rhetoric we've heard so much of in recent past. Problem with the latter is, well, we are drilling. Domestic oil production is up. Problem with the former is the very White House task forces on the ...

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