Comments on: US Top Trade Groups Already Demand an End to Oil Speculation, but Why Congress Not Act and Media Not Report ?

By: Earth: The Connected Home

Earth: The Connected Home — Thu, 05 Nov 2009 13:32:46 +0000

In a free market economy, legislation is usually a bad thing. Congress could, in a closed-door session, vote to dump 1/3rd of the stategic reserves, catching speculators with their pants down, so to speak.

By: Humanitarian

Humanitarian — Mon, 02 Nov 2009 13:50:38 +0000

I dont know why congress isn’t acting on it, but they are probably still decideing how to go about it properly. I know why the media isn’t talking about it.
The media is told what and what NOT to say,…………..Yes that is a right to free speech violation, but when the government owns the media, they tell them what they want them to say.
One of the Central bankers owns “Petrolium” (which is used to make gasoline). This has nothing to do with any oil that is bought from overseas. The prices charged by the overseas seller, still does not compare to the overblown prices that are charged at our gas stations. If you think of this in it’s simplist terms and logically then, it’s just a profit battle, nothing more.

By: Puller58

Puller58 — Sat, 31 Oct 2009 02:20:43 +0000

Money. You know, that green stuff. Works wonders.