All Commentary
Tuesday, April 17, 2012

Obama Wants More Supervision of Oil Markets


“Under pressure to take action on rising gasoline prices, President Barack Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions.” (ABC News)

No one’s life, liberty, or property is safe when a president runs for reelection.

FEE Timely Classic
“Oil Prices Are Rigged? It Just Ain’t So!” by Robert P. Murphy