This interesting article from the Civitas site thinks so.

But who is really responsible for high gas prices? You know whEU! (Civitas Blog)
[Rep]

Its interesting to get different pointsof view on these issues that concern us all. Here is Steve Sailer of vdare.com on American housing problems.
The proprietor of vdare is Peter Brimelow from Blackburn a financial journalist and former FT columnist and Forbes editor.

VDARE.com Home Page - Welcome!
[Rep]

Clearly the EU is partially responsible, but the fact remains that supply and demand and volatility induced speculation are driving prices ever higher. The ETS is just one of the many factors not helping.
[Rep]