Oil speculators, not a lack of domestic drilling, are to blame for the nation's rising gas prices, the top House Democrat argued Wednesday.With Nancy Pelosi, it's always about blaming everyone but the government. Only the government can limit the supply of oil.
House Minority Leader Nancy Pelosi said unscrupulous Wall Street investors have artificially inflated prices at the pump, which are climbing toward $4 per gallon.
The California Democrat called on Congress to take "strong action" to rein in the allegedly excessive speculation, and accused Republicans of protecting Wall Street profits at the expense of consumers.
Thursday, February 23, 2012
Pelosi blames Wall Street for spike in gas prices
The Hill reports: