Comments on: Senate Pushes Ahead On Oil Trading Bill

Aimed At Curbing Energy Speculation; Stalemate Remains Over Addressing High Gas Prices

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by olebd July 22, 2008 6:06 PM EDT
A great step. But please everyone, continue to conserve. Even if prices drop sharply. Slow down, drive less....push for alternatives to fossil fuels. sCREW the opeckers and big oil.
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by whitemale08 July 22, 2008 5:45 PM EDT
Hooray for Pelosi and Obama!!!

This will stop the greedy Republican Wall Street crowd in their tracks.

You will see oil prices collapse and will collapse even further once Obama secures those obscene oil profits for the American people to invest cut us a break.

It''s happening folks, the Republican nightmare is coming to a close. Woowi yea, RIGHT ON!!!
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by lovegetpeace July 22, 2008 5:03 PM EDT
This will Kill the Oil Paper GREEDYS!
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by gramto7 July 22, 2008 5:01 PM EDT
T%he Republicans KNOW as well as the Democrats that the oil comanies are sitting on millions of acres of land that has not been used or has already been tapped and then capped! If those wells already in placed were in use, our oil output would increase significantly... enough to justify new refineries.
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by Gary Kempf July 22, 2008 4:57 PM EDT
The 94-0 vote clears a procedural hurdle for the legislation, which would require the Commodity Futures Trading Commission, or CFTC, to set limits on trading in oil markets by investors and speculators.

This is the right thing to do, Stop all speculation on oil, Natural gas, and gasoline by those not related by the industry. Only those directly related, such as airlines, trucking companies, etc. The idea being to lock in the cheapest price, not manipulate it upwards...
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