Oil Speculation

Obama: Regulate Big Oil

Submitted by WesDem on June 22, 2008 - 12:42pm.
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CHICAGO — Senator Barack Obama today announced his plan to crack down on excessive energy speculation and fully close the “Enron Loophole” to ease the impact skyrocketing gas prices. The Enron Loophole was created by McCain campaign co-chair Phil Gramm at the behest of Enron — just one example of the special interest politics that put the interests of Big Oil and speculators ahead of the interests of working people.

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