Dozens of House and Senate Democrats are urging federal regulators to implement limits on speculative trading in energy futures markets that the lawmakers call a major factor behind the run-up in gasoline prices.The Democrats should look in the mirror: restricting supply raises prices.
A letter Monday to the Commodity Futures Trading Commission (CFTC) from 23 senators and 45 House members underscores how gas prices have soared to the top of the political agenda on Capitol Hill and the campaign trail.
Monday, March 05, 2012
Dems blame Wall Street for high gas prices, urge CFTC action
The Hill reports:
