[N8 v2.0]

That's where Congress and Bill Clinton created this oil price mess we are in now...

One piece of legislation is why the price of everything is going through the roof.


http://www.northplattebulletin.com/index.asp?show=news&action=readStory&storyID=14659&pageID=3

http://www.northplattebulletin.com/index.asp?show=news&action=readStory&storyID=14690&pageID=3

Several changes over the past decade have relaxed the Commodity Futures Trading Commission's oversight of commodities markets. The Commodity Futures Modernization Act of 2000 (CFMA) allowed energy commodities for the first time to be traded on deregulated "exempt commercial markets," meaning exchanges exempt from CFTC or any other U.S. government oversight. This law was a departure from the Commodity Exchange Act of 1936, which had confined commodities trading to CFTC-regulated exchanges.

 

[ohio]

Why do you hate the free-market? Do you think the government should set commodity prices? Are you a communist?

 

[N8 v2.0]

Why do you hate the free-market? Do you think the government should set commodity prices? Are you a communist?

Che wut??!!!!

http://www.foxbusiness.com/story/markets/industries/energy/gas-prices-fall--congress-acts-analysts-say/

Gas Prices Could Fall To $2 If Congress Acts, Analysts Say

The price of retail gasoline would fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy markets, four energy analysts told Congress on Monday. Testifying to a House Energy and Commerce Committee subcommittee, Michael Masters of Masters Capital Management said the price of crude oil would drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.

 

[Samirol]

The article really isn't descriptive, just gives one analyst's opinion.

edit: wasn't referring to the OP, was referring to the post above me

 

[Defenestrated]

Law to limit speculation? Damn N8 are you a big government commie now?

 

[N8 v2.0]

energy regulation = ok by me

it has work well for the electric power industry in most places.

my personal belief is that yes, energy needs to be regulated but not state owned.

 

[3D.]

One piece of legislation is why the price of everything is going through the roof.

fuk Bill... he gave it all away and called it "smart money"... stupid dick nose

One piece of legislation.. Hahhahhahhh! loaded with dumb as usual.

let us not forget about another contributing factor. Permanent status baby!:
http://archives.cnn.com/2000/ALLPOLITICS/stories/10/10/clinton.pntr/

 

[ohio]

Amazing that something so simple, obvious, and in our faces could be so flawed and no one in eight years (including an administration packed with oil and energy experts) was able to highlight the problem until one small paper in Nebraska figured it out. Truly phenomenal journalism. Investigatory reporting at it's finest.

 

[Westy]

energy regulation = ok by me

it has work well for the electric power industry in most places.

my personal belief is that yes, energy needs to be regulated but not state owned.

What about housing and healthcare?

 

[N8 v2.0]

What about housing and healthcare?

regulated but not nationalized is ok... wait, it already is