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Tuesday, July 28, 2009

More oil news

I watched Senator Sanders on CNBC today talking about reigning in oil speculators. Here is an article on the subject. It's hard to say whether these types of regulations will be enacted but it will be interesting to watch. As both consumers of oil as well as employees of a Company that is largely affected by its price, it would be good to see legislation that evened out the boom and bust cycles of the past.