On June 25, 2008, the New America Foundation brought together Leo Hindery, Managing Director at InterMedia Partners and former senior economic advisor to the John Edwards Campaign, and Tom Gallagher, Senior Managing Director at International Strategy and Investment Group, to discuss the causes behind skyrocketing oil prices and their implications for American middle-class families.
Hindery began by laying out research pointing to speculative investment as the reason for between one third and one half of the recent oil price…
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