Article: PA Heating Oil Dealers, Motor Fuel Distributors Call on Congress to Plug Oil Speculation Loopholes

To: STATE EDITORS

Contact: John V. Kulik of the Pennsylvania Petroleum Marketers & Convenience Store Association, +1-717-902-0210; or Kendra Barkoff of the Office of U.S. Senator Bob Casey, +1-202-228-6367

U.S. Senator Bob Casey Applauded for Co-Sponsoring Stop Excessive Energy Speculation Act

HARRISBURG, Pa., July 22 /PRNewswire-USNewswire/ -- Pennsylvania Petroleum Marketers & Convenience Store Association today called on Congress to take action immediately to plug legal loopholes that allow oil speculators to drive up the cost of energy and reap record profits.

Everyone agrees one of the biggest factors in high oil prices is oil speculation by hedge funds and investment bankers, said ...

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