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Obama Task Force on Gouging Us on Gas

President Obama has directed has directed Atty. Gen. Eric Holder to probe reports of price gouging last month. Now he goes a little further.

Now, he said, “we’re going a step further,” setting up the team “to root out any cases of fraud or manipulation in the oil markets that might affect gas prices – and that includes the role of traders and speculators.”

We will just have to see how that works out. After all, we need traders and I guess speculators too, or we wouldn’t have a market at all, would we?

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