You can help keep energy prices affordable. Tell Congress to stop oil speculation now.
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Stopping Oil Speculation Now
Stopping Oil Speculation Now It’s about time – new regulations on oil speculation could help reduce gasoline and home heating costs. With your help, we can make sure this happens.
Source: abcnews.go.com
In recent years, the price of a barrel of crude oil, used to make gasoline, heating oil and other fuels, has been subject to wild price swings -- from $57 in early 2008, to $147 the following July, back down to $32 that December and more recently back above $80.
Stopping Oil Speculation Now As predicted, gasoline prices are soaring around the country. It is very unusual for prices to rise in October – especially because there was not a destructive hurricane and there is more than enough oil in storage. Enough is enough. Congress must prevent speculators from bidding up prices.
Source: bit.ly
"We’re seeing price increases of 2 cents or more in just 24-hour periods," Laskoski said. "That is very unusual because most of the time the typical change from one day to the next is usually measured by tenths of a cent either up or down."
Stopping Oil Speculation Now Speculators pushed oil to the highest price in more than a year today. Experts believe this might soon increase gas and energy prices. This is the last thing our economy needs right now.
Source: bit.ly
California gas prices fall below $3 a gallon, but oil is at its highest in more than a year -- even though supplies are plentiful, demand is weak and refiners have slashed production.
Stopping Oil Speculation Now You can help keep energy prices affordable. Invite your friends to learn more about stopping oil speculation. Together we can tell Congress to protect America's economic recovery. http://bit.ly/8Lqzt
Source: bit.ly
Stopping Oil Speculation Now Oil jumped to its highest price in a year today despite continued weak demand and high supplies. Thankfully, a Congressional committee today is debating a bill that would help stop speculators and clean up Wall Street. Help us keep up the pressure before prices rise even further.
Source: bit.ly
A House committee is set to vote Thursday on a bill that would regulate for the first time the vast and opaque market of exotic financial instruments known as derivatives, marking the first major advance in Congress of a key piece of legislation to remake the nation's financial regulatory system.
Stopping Oil Speculation Now The BBC says that “smoking guns” against oil speculation are starting to emerge. Regulators will be forced to act as evidence mounts against speculators. http://bit.ly/YtYmb
Source: bit.ly
How speculation can pump up the price of food and oil through financial manipulation. Do big speculators have too much power?
Stopping Oil Speculation Now If you are interested in daily updates on oil speculation, you can follow us on Twitter at http://twitter.com/stopspeculation (@stopspeculation). We look forward to seeing you there.
Source: twitter.com
Stop Oil Speculation Now is a multi-industry coalition of businesses, labor, and concerned citizens united in support of responsible energy policies.
Stopping Oil Speculation Now The CEO of AirTran today said that U.S. businesses have less money to invest in new employees because of oil speculation. It seems like the only people that do not yet understand the problem are in Congress.
Source: bit.ly
While the national economy is beginning to show signs of improvement, excessive oil speculation is threatening to drive up gasoline prices and slam the brakes on the fledgling recovery before it really gets started.
Stopping Oil Speculation Now The government reports that rising gasoline costs have increased overall consumer prices. This is yet another example of speculators growing rich while real Americans suffer.
Source: www.nytimes.com
The rising cost of gasoline pushed overall consumer prices higher in August even as prices for most other goods and services remained in check, the government reported on Wednesday.
Stopping Oil Speculation Now AirTran’s CEO wrote yesterday that if Congress stops oil speculation, it will “help keep billions of dollars where they belong: in the hands of the American people, not the bulging bank accounts of speculators.”
Source: www.ajc.com
Excessive oil speculation, which sent gas prices spiraling and helped choke off economic activity last year, is now threatening to strangle the fragile beginnings of a turnaround. A new run-up in oil would ...
Stopping Oil Speculation Now New Englanders are growing concerned about heating costs this winter. An editorial from Maine today suggests that heating oil could return to $4 per gallon unless Congress stops speculation. No one should have to pay that much to stay warm during these tough times.
Source: www.bangordailynews.com
With the winter months just a few pages away on the calendar, the specter of $4 per gallon heating oil is looming again. The role of market speculation, rather than supply and demand, in driving up the price continues to be a concern.
Stopping Oil Speculation Now Speculators now account for half of all oil trading - seven years ago speculators only accounted for 20 percent of trades. No wonder prices are higher. Tell Congress to tighten regulations before gas hits $4 again.
Source: www.sfgate.com
Speculators now account for half of all traders in the main U.S. oil market, and their growing presence coincided with this decade's historic rise in the price of crude, according to a new Rice University study.
Stopping Oil Speculation Now Oil prices today surged to a 10-month high. There is absolutely no justification - it's not as if the economy is back to normal. Why won't the government give us some relief?
Source: money.cnn.com
"On the fundamentals of supply and demand, one cannot explain why the price is high," said Takin. "All the [global] inventories are full. The outlook for the demand for oil in the coming weeks is really weak."
Stopping Oil Speculation Now Did you know that every $1 increase in the price of oil adds about $430 million to airlines' annual operating costs? Similarly, every one-cent increase in the price of diesel costs the trucking industry an additional $397 million a year.
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