Community Corner
Gas Prices
Why won't the federal government do something and reverse the SEC rules on the speculative trading of petroleum products? GWB changed the verbiage in the rules as a favor to his then transition chief Kenneth Lay and ever since the price of gas has been jumping around like orange juice and coffee. The government likes to blame spikes in the price of gas on natural disasters, Egypt and whatever they can think of that suites their needs, yet we've had natural disasters, and unrest in oil producing nations since forever and yet the price of gas only fluctuated marginally. It took ages for gas to reach $2 a gallon then it shot up to $3 and over in a matter of a few short years coincidentally in 2000 when speculative traders were finally allowed to buy petroleum products.