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View Diary: President Obama to announce new oversight on oil manipulation and ask Congress to take action, too (72 comments)

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  •  The barrel is at $1.03... (0+ / 0-)

    Supply and demand should be set by the producer, not the middleman Big Oil companies that are making billions every month and then cry poor.  

    I could understand the supply and demand argument if OPEC had the barrel much higher as there is more people wanting oil - India, China etc.  But when the barrel is where it's at - the gas companies are price fixing and price gouging.  

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