To: President Donald Trump, The United States House of Representatives, and The United States Senate
The TRUTH About Gas Prices and WHO Controls IT ALL
I think Congress should pass legislation before them known as the Anti-Excessive Speculation Act of 2011, Sponsored by Sen Bill Nelson and Sen John D Rockefeller, that aims to drastically limit the ability of speculators to artificially drive up energy prices.
If this bill passes, there would be the first-ever limits on how much of the oil market speculators can control.
Plain and simple: the legislation says no single investor could hold more than 5 percent of the oil futures market, thereby greatly reducing speculators ability to manipulate prices.
If this bill passes, there would be the first-ever limits on how much of the oil market speculators can control.
Plain and simple: the legislation says no single investor could hold more than 5 percent of the oil futures market, thereby greatly reducing speculators ability to manipulate prices.
Why is this important?
To bring attention to the Anti-Excessive Speculation Act of 2011.
A critical bill currently before Congress created by Sen Bill Nelson [FL] and Co-sponosored by Sen Blumenthal, Richard [CT],Sen Rockefeller, John D., IV [WV], Sen Sanders, Bernard [VT]. Bill is known as S.1598.
Why do two or three men need to make billions of dollars on a future price that WE THE PEOPLE will pay for gas...because we let them? Enough is enough, Gas futures are a piracy of THE PEOPLE.
It reminds me of Enron. Those guys were getting ready to start trading on the weather when it all unraveled. This is not any different in my opinion.
Our "one" voice is LOUD! We can make them do the right thing for the people!
Also to sign Sen Bill Nelson's petition copy and paste the link below:
http://www.capitolenews.com/mailings/nelson/022412_gas_comment.html
A critical bill currently before Congress created by Sen Bill Nelson [FL] and Co-sponosored by Sen Blumenthal, Richard [CT],Sen Rockefeller, John D., IV [WV], Sen Sanders, Bernard [VT]. Bill is known as S.1598.
Why do two or three men need to make billions of dollars on a future price that WE THE PEOPLE will pay for gas...because we let them? Enough is enough, Gas futures are a piracy of THE PEOPLE.
It reminds me of Enron. Those guys were getting ready to start trading on the weather when it all unraveled. This is not any different in my opinion.
Our "one" voice is LOUD! We can make them do the right thing for the people!
Also to sign Sen Bill Nelson's petition copy and paste the link below:
http://www.capitolenews.com/mailings/nelson/022412_gas_comment.html