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Article: Statement from Hillary Clinton on Investigating Oil Price Manipulation

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Targeted News Service
Article date:
May 30, 2008
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The presidential campaign of Sen. Hillary Rodham Clinton, D-N.Y., issued the following statement:

I am heartened by the news that the Commodity Futures Trading Commission (CFTC) is investigating price manipulation in oil markets. However, with oil at record highs and gas at over $4.00 a gallon, we need more immediate, aggressive and comprehensive action to ensure that American consumers are not being ripped off at the pump.

For several months I have raised concerns that speculation and market manipulation were unfairly pushing up the price of oil. Even top CEOs at U.S. oil companies acknowledge that oil prices today cannot be explained by supply and demand alone.

That's why, in addition to ...

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