Why Gas Prices Will Stay High

The chief economist at gasoline distributor Tesoro argues that a shortage of refining capacity is the culprit for consumers' pain

You have to give Lynn Westfall credit. Not only is the chief economist for Tesoro (TSO) willing to talk to reporters as gasoline prices shoot up to a record of more than $3.20 a gallon, he even stopped by BusinessWeek's Los Angeles offices recently to discuss why prices are so high with Senior Correspondent Christopher Palmeri.

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