It appears as the evidence grows and more light is being shed upon the last spike in oil prices, we can sum it up to Wall Street Greed and speculators. And yea, government is investigating it. "Big deal!"
They know there isn't a damned thing they can do about it even if there were some false speculation. Government let it happen. "Republicans as well as democrats are more interested in filling their coffers for re-election to maintain power than watching out for the folks".
Yep, own very own US Yankee "Government without a clue" provided the environment through efforts of the famed Enron Corp. Those who think government is not bought and paid for by the big companies or deep pockets might want to study a little more.
The laws regarding the oil market need to be overhauled back to pre-Enron legislation.
The way oil prices are controlled now leave absolutely no stability. How can major transportation, manufacturing, and regular folks plan a budget on such shifting sands?
Government will spell the end of freedom and our economy as we know it unless we fix it. We are at the mercy of Wall Street and their shareholders who spend money to influence government. Those of us out there working every day are at the bottom of the food chain and are getting stepped on by government and Wall Street.
One needs to look no further than the mess we have now.
As for alternative fuels, we need to find something renewable that will not raise food prices and cost less than a barrel of oil to produce. It has to be market viable. Anything that is not market viable is subsidized. And anything that is subsidized is paid for by the taxpayer. Not a market winner.
If you build a better mouse trap, you will succeed. If you can't, subsidize a senator or congressmen, and then you will.
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