CSPAN2 Key Capitol Hill Hearings June 26, 2014
Accurately reflecting the forces of supply and demand. Mr. President , there is now a growing consensus. This is not just the opinion of Bernie Sanders. There is a growing consensus that excessive speculation on the Oil Futures Market is significantly contributing to the high prices that the American People are seeing at the pump. Exxonmobil, Goldman Sachs, the i. M. F. , the st. Louis federal reserve, the American Trucking association, delta airlines, Petroleum Marketers association of america, the new england fuel institute, the Consumer Federation of america, and many other organizations ha...