AJC.com: Obama wants to target oil market manipulation

Uhhh bout time?

My only question is.. WHAT THE HELL TOOK SO LONG!?!?

From <a href="http://www.ajc.com/news/nation-world/obama-wants-to-target-1419540.html?cxtype=rss_news_61499" target="___new"><b><i>AJC.com</i></b></a> :
<blockquote>

<h2>Obama wants to target oil market manipulation</h2>

By JIM KUHNHENN

The Associated Press

WASHINGTON — President Barack Obama is asking Congress for help in policing oil markets to be on the lookout for price manipulation by speculators. Obama says the country can’t have some speculators reap millions while consumers suffer from high gas prices.

The president wants six times more staff at the Commodity Futures Trading Commission to supervise the market. He also wants to raise penalties for market manipulation and give regulators the ability to require more money to back up speculative trades.

Obama’s attention to oil speculation is his latest effort to focus on gasoline prices in the face of determined criticism of his energy policies by Republicans.

The average price of a gallon of gas at the pump has dropped slightly but is still higher than it was at this time last year.</blockquote>

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2 thoughts on “AJC.com: Obama wants to target oil market manipulation

  1. Oh how I love the physical nasppewer! I am like you haven’t really gotten a print edition for a long time and have missed it. I do stop after church about every other Sunday to pick up the paper which I read cover to cover before my Sunday afternoon nap and there is nothing quite like the feel of the nasppewer. I love online papers and also have several apps on my IPhone but the whole reading experience is so much better with a paper you can cut up!!! I think it comes from my early days as a paper deliverer !!! Thanks for the post!!! Brought back some great memories of paper in hand! And Chick Fil A and Arnold Palmers!!!! Man I miss Chick Fil A!!!! Have a great day!

  2. October 25, 2012 at 3:22 pmI have a graduation prneset that I had been trying to put together for my brother and seeing as how I live in the middle of nowhere, there are not really any artists who can help me with my project. i want to take his photo and have it manipulated and turned into a piece of cool looking graphic art. where on earth can i go to find an artist who can do this? i live in modesto,ca. is there anyone on the internet or a website/company? thanks a lot.

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