Is Harvard Causing Increased Gas Prices?

Is Harvard University causing increased gas prices?

[From article]
"In the summer of 2009 Sen. Ron Wyden (D-Ore.) sponsored the "Stop Tax-breaks for Oil Profiteering and Commodity Speculation Act."
No other senator would co-sponsor the bill, which was clearly not in the best interest of Wall Street, and it died in committee.
[. . .]
His bill would have repealed tax exemptions for organizations like pension funds and university endowments when they trade commodities."
[. . .]
"That alone is bleeding about $180 billion annually out of the US economy, or roughly the additional amount that Congress is now trying to put into people's pockets through the new, deficit-bloating, tax cuts.
But the experts also estimate that if you add up the extra cost of all fuels -- airplane fuel, diesel, etc. -- energy speculation could be draining $300 billion a year from the US economy."

http://www.nypost.com/p/news/business/gas_prices_can_come_down_CUe7Y5bFSbUd6BofAZ990H

Gas prices can come down
John Crudele
New York Post
Last Updated: 4:35 AM, December 16, 2010
Posted: 12:47 AM, December 16, 2010