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The FACTS about the oil situation
by al
Jun 25, 2008
You might want to rethink who you are voting for in the election.

SPECULATORS IN OIL AND GAS – SAME AS THE SPECULATORS IN THE MORTGAGE MARKETS [link removed]

More proof; Wall Street is its' own separate nation, unconcerned with the good of the United States; Street lobby working furiously to head off any regulation or oversight of oil speculation:

".....In a pair of lengthy and sometimes testy closed-door sessions in the Senate last week, executives from Goldman Sachs and Morgan Stanley, two of Wall Street's largest investment banks, made the case that their multibillion-dollar investments in energy contracts have not led to higher oil prices. Rather, they told Democratic staff members of the Energy and Natural Resources Committee that the trades allow international markets to operate efficiently and that the run-up in oil prices results not from speculation but from actual imbalances of supply and demand. ....." [link removed]

GAS PRICES – THE F...See More
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