Steven Holt: “Quite simply, the reason gasoline prices are so high today--of course…”

On the recordJune 4, 2008

Quite simply, the reason gasoline prices are so high today--of course there is international speculation--is there's demand from other countries; there's the falling value of the dollar. Principally, it is because, in past decades, we failed to wean ourselves from fossil fuels. We have failed to make the investment in research and development that would make that possible. You're talking about drilling in Alaska.

Said by

Steven Holt

Source

govinfo.gov

Editor's note · Context

Discussing the causes of high gasoline prices and the need for investment in alternative energy.

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Steven Holt: “Quite simply, the reason gasoline prices are so high today--of course there is international speculation--is there's…”

Editor's note · Context