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Jul 11, 2013

Higher gas prices: A supply and demand story

Oil prices are up to levels not seen in more than a year — blame Egypt, blame the economy, and blame yourself?

by Noel King
People walk through the grounds at the base for Mohamed Morsi supporters on the first day of Ramadan on July 10, 2013 in Cairo, Egypt.
People walk through the grounds at the base for Mohamed Morsi supporters on the first day of Ramadan on July 10, 2013 in Cairo, Egypt.
Spencer Platt/Getty Images

Oil prices are up to levels not seen in more than a year — blame Egypt, blame the improving economy, and blame yourself? Marketplace’s Noel King joins Mark Garrison to discuss the various reasons behind the surge.