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Old 28-07-08, 05:01 PM   #1
multi
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Join Date: Jan 2002
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Default Republicans Vote Against Lower Oil and Gas Prices

and for Illegal Immigration and More American Troop Deaths

On Friday Republicans blocked a bill in the Senate meant to give regulators more ability to reign in oil speculation . While there's some dispute how much if any of the price of oil is based on speculation, there's reason to think it could be a lot. And current law means that a lot of oil futures trading is done in such a way that we don't even know how much is being done, let alone if it's having any effect. At this point the current law is effectively "we don't even look to see if a crime could be occurring."

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