Saturday, May 10, 2008

Gas costs have been manipulated

Clinton: Gas costs have been manipulated

"Published: May 4, 2008 at 5:50 PMINDIANAPOLIS, May 4 (UPI) --

U.S. Sen. Hillary Clinton, D-N.Y., Sunday blamed market manipulation as the likely cause of record high gas prices in the United States.Appearing on ABC's "This Week With George Stephanopoulos," the Democratic presidential contender said if she is elected in November, she will immediately order an investigation into the industry."We know that there's market manipulation going on. So I would launch an investigation if I were president right now by the Department of Justice and the Federal Trade Commission," Clinton said.The New York senator said any attempts to lower gas prices should require the participation of the Organization of Petroleum Exporting Countries."I would begin to go directly at OPEC," she said. "I think it's been 25 years where we've, you know, largely just been at the mercy of the OPEC countries."Clinton said in addition to taking on OPEC members, she would confront oil companies about the rising cost of gasoline."You see, I really believe we've got to start right now demonstrating a willingness to take on these oil companies," she said in response to a "This Week" audience question."


1 comment:

Anonymous said...

Hey! Thanks for all the great info, it's always interesting to hear what's going to be done about the gas crisis. I was browsing through a bunch of political websites and blogs (mostly liberal ones) and I came across your blog and find it to be very interesting. There are a bunch of others I like too, like huff post, and other news sites like politico. Do you know of any that cover politics and the environment? I saw which has mostly environmental info but some politics. I took’s carbon calculator ( It was pretty easy to use (and it doesn’t make me feel guilty after I take it). Are there any other blogs you would recommend? Can you drop me a link to your favorites or any ones with green info?