UPI explains rising gasoline prices (really!)

A prediction you can take to the bank: in the next couple of weeks some of the intellectual giants of our Congress will notice that gasoline prices have risen appreciably recently and they will demand yet another investigation into "price-gouging" and "obscene oil industry profits".

Somewhat surprisingly, United Press International already has presented a sensible three-part explanation: rising crude oil prices (caused, in turn, by fears of supply disruption in Iran and NIgeria), government environmental rules, and the usual seasonal increase in demand.

Not as colorful as Congressional accusations, but it has the modest merit of making economic sense.