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Do you ever wonder why the gas prices are up and down? There is still about the same amount of gas out there (although it is a finite resouce that is going away) and we are still using about the same, more or less, with our more efficient vehicles.
The price fluctuates because the Wall Street traders can make it fluctuate. They do this so they can make money. In 2008, (Bush Administration, by the way) the prices were over $4.00 a gallon. The Obama administration and the Congress passed a law called the Dodd-Frank Law that would have PUT AN END TO THE SPECULATION. So why is it still happening?
The reason we are still having the same problems as in 2008 is because the Wall Streeters like it that way. It is still happening because the Wall Street traders and Big Banks, have hired super lawyers and lobbyists that are doing everything they can to stop the implementation of the Obama administration's Dodd-Frank legislation. The Republicans have blocked Obama's appointments and pulled every shennanigan they can to hold this up. In the meantime, you are paying more at the pump so people like the Koch brothers and banks like JP Morgan can get even richer.
I am extremely angry this morning becasue I just received an advertisement from a Wall Street firm saying how everything that is holding up Wall Street can be blamed on Obama. Well, in my view, if Wall Street wants to blame Obama, I am FOR Obama and all the legislators who will support him by putting some teeth into the Dodd-Frank regulations. Just saying.
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