LSU professor: "Fed's inflationary bias fuels energy costs"

May 17, 2012 - 01:00 PM
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The price of oil dropped to a six-month low this week. Speculators are concerned economic uncertainty in Europe could hurt demand for crude. In the U.S., gas prices have been flat -- about $3.73 a gallon according to AAA. That's down more than 20 cents from early April.

Will that trend continue? And can the federal government do anything to help?

LSU Finance Professor Joseph Mason discussed the issue on Capital Insider.

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