Mitt Romneys Big Oil Alliance

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Mitt Romney would repeal Wall Street Reform—giving speculators who would manipulate oil prices free rein. As oil and gas prices rise, so too has the number of Wall Street investors who trade oil as a commodity, without any use for the oil itself. These financial speculators now make up more than 65 percent of the market—profiting while Americans pay more at the pump.
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Added: 1 year ago

Rank: 1997 of 2612 in Economy

Tags: Oil Alliance, oil price speculations, big tax break, oil profit, President Obama

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