Is speculation on the oil market really illegal?
Democratic Sen. Kay Hagan this afternoon asked the Obama Administration to speed up efforts to crack down on price gouging and illegal speculation on the oil market.
...Last week, President Barack Obama crated a Oil and Gas Price Fraud Working Group to report recommendations before the July 4th holiday. Hagan called on the White House to provide the recommendations prior to the holiday.
One of my recommendations would be to stop saying silly things about gouging and speculation in the oil markets. I'll offically release it before July 4.
