I stand for lower gas prices!
Gas Prices
The price per gallon has spiked recently, and it is absolutely absurd. In what universe are the gas companies allowed to raise prices by 5% for no reason. CNN recently wrote an article about this exact topic. They said there are two reasons for the spike in gas prices. One, the big oil companies have been gauging us forever, which is not surprising. The other, which is very surprising, suggests Wall Street speculators have been investing and gambling in the loosely regulated commodity markets for gas and oil. They go on to say, “That speculators controlled only about 30% of the oil futures market. Today, Wall Street speculators control nearly 80% of this market. Many of those people buying and selling oil in the commodity markets will never use a drop of this oil. They are not airlines or trucking companies who will use the fuel in the future. The only function of the speculators in this process is to make as much money as they can, as quickly as they can.” We should have rules and laws that regulate such investments within oil, destroying the temptation of monopoly. Our society is so keen on money and that needs to stop. Money corrupts all; it is the root of all evil. It is crazy to see that it’s possible to let people buy out practically the whole oil industry. We as the people need to stop this. There are so many people being affected it needs to stop now. With the price per gallon approaching $4 a gallon we need to stop it so they can’t go any higher, and with that put regulations on the oil industry.
http://www.csmonitor.com/USA/2012/0228/Rising-gas-prices-give-Republicans-new-tool-to-hammer-Obama-video
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