Senators weigh in on commodity lawsuitThey say Congress meant for regulators to impose trading limits to curb ‘excessive speculation’ on oil; Obama offers get-tough plan Wesley Loy For Petroleum News
Alaska’s Mark Begich is among 19 U.S. senators, all Democrats, jumping into a federal lawsuit concerning regulation of possible “excessive speculation” in commodity markets.
The action comes amid a rising election year backlash over high gasoline prices across the nation. On April 17, President Bara....
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Court brief filed Obama’s plan, and reaction
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