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Holder to oil fraud panel: Report if gas prices don't fall
CNN ^ | 5/6/2011

Posted on 05/07/2011 8:04:07 AM PDT by KeyLargo

Holder to oil fraud panel: Report if gas prices don't fall

Washington (CNN) -- Attorney General Eric Holder on Friday ordered the newly formed government working group investigating oil and gas prices to make sure gasoline prices are dropping after this week's sudden decline in crude oil prices.

Holder sent his memo to several federal agencies, including the FBI, the Securities and Exchange Commission and the departments of Treasury, Energy and Agriculture. He also sent the directive to state attorneys general.

(Excerpt) Read more at cnn.com ...


TOPICS: Chit/Chat; Food; Health/Medicine; Society
KEYWORDS: agent; fat; fbi; weight
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Maybe Mr. Holder could convene a panel to investigate and monitor just how much his FBI agents eat? Or maybe he could get Moochelle Obama to give diet tips to the FBI?

Federal officials on Friday spent hours at the home of missing Indiana eye doctor Promila Mehta-Paul. (CBS)


1 posted on 05/07/2011 8:04:11 AM PDT by KeyLargo
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To: KeyLargo
I'm glad to see that Eric Holder has taken time away from his busy schedule of persecuting prosecuting CIA personnel whose intensive interrogation techniques led to the much-ballyhooed demise of Osama bin Laden. It's too bad he didn't have time to go after the New Black Panther thugs, who committed the worst case of voter intimidation since Bull Connor's reign in Birmingham.

Question for Holder: If the CIA people were Black, would you still go after them, or do they get a free pass because they are "your people?"

2 posted on 05/07/2011 8:13:04 AM PDT by TruthShallSetYouFree (Note to Obama: The only time you actually are the smartest person in the room is when you are alone.)
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To: KeyLargo

Never mind the fact that todays oil price is for oil that will come in to the system 3 months from now.

Holder, why don’t you look in to Tax gouging! I think you’ll find more dirt there.

I can not buy gas, but I have to pay taxes.


3 posted on 05/07/2011 8:13:10 AM PDT by cableguymn
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To: KeyLargo

I think all this posturing is preparation for government instituted price controls. And, yes, I DO believe they are stupid enough to do it again.


4 posted on 05/07/2011 8:16:33 AM PDT by johniegrad
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To: TruthShallSetYouFree
"It's too bad he didn't have time to go after the New Black Panther thugs, who committed the worst case of voter intimidation since Bull Connor's reign in Birmingham."
5 posted on 05/07/2011 8:17:26 AM PDT by KeyLargo
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To: cableguymn
Never mind the fact that todays oil price is for oil that will come in to the system 3 months from now.

That is over his head.

6 posted on 05/07/2011 8:17:40 AM PDT by scooby321
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To: cableguymn

Yes...isn’t the price at the pump driven more by what station owners are paying at that moment for gasoline than the price of crude oil?


7 posted on 05/07/2011 8:22:15 AM PDT by Skip Ripley
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To: TruthShallSetYouFree

8 posted on 05/07/2011 8:22:24 AM PDT by KeyLargo
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To: scooby321

The regime is getting worried. The sheeple are getting restless.


9 posted on 05/07/2011 8:29:15 AM PDT by bytesmith
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To: cableguymn
Never mind the fact that todays oil price is for oil that will come in to the system 3 months from now.

Yeah, but if he looked at it that way it would be much more difficult to establish a predicate for taking over the oil companies.

10 posted on 05/07/2011 8:31:39 AM PDT by newheart (The trouble ain't too many fools, but that the lightning ain't distributed right. -Mark Twain)
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To: KeyLargo
An affirmative-action President and his affirmative-action AG.

Skin color uber alles.

11 posted on 05/07/2011 8:34:06 AM PDT by E. Pluribus Unum (Under Islam, there is no separation of church and state. The church IS the state.)
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To: KeyLargo
Holder is definitely in the panic mode right now......

Photobucket
12 posted on 05/07/2011 8:35:19 AM PDT by NWFLConservative (Game On.......Fight Like a Girl!!...............Saracuda in 2012)
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To: newheart
Yeah, but if he looked at it that way it would be much more difficult to establish a predicate for taking over the oil companies.

Maxine Waters threatens to nationalize U.S. oil industries
13 posted on 05/07/2011 8:37:12 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: NWFLConservative

14 posted on 05/07/2011 8:39:42 AM PDT by KeyLargo
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To: scooby321

Facts! Facts! Facts!

You and your facts.

It’s hype that important.

Burn the witch she turned me into a newt!


15 posted on 05/07/2011 8:40:12 AM PDT by IMR 4350
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To: IMR 4350
Burn the witch she turned me into a newt!
16 posted on 05/07/2011 8:45:00 AM PDT by KeyLargo
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To: scooby321
That is over his head.

He gets it but it's over the heads of most voters. Price controls would be a blatant maneuver to buy votes now the Leftist media has done its job of depicting oil companies and futures traders as "evil."

17 posted on 05/07/2011 8:47:02 AM PDT by Bernard Marx
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To: Skip Ripley

April 27, 2011
Why Isn’t Obama Celebrating High Oil Prices?
By David Harsanyi

It’s about time the administration began taking on the ogres of the left’s imagination seriously. Attorney General Eric Holder has formed the “Oil and Gas Price Fraud Working Group to Focus on Energy Markets” to expose the speculators, the gougers and those fat cat millionaires. And if we can’t confront make-believe distractions with “working groups,” well, we are surely a nation in decline.

But of course, Holder will find the biggest frauds right in his administration, which — as a matter of policy, as a matter of faith — believes the price of fossil fuels ought to be extortionate and has done all it can to ensure it.

http://www.realclearpolitics.com/articles/2011/04/27/why_isnt_obama_celebrating_high_oil_prices_109673.html


18 posted on 05/07/2011 8:50:38 AM PDT by KeyLargo
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To: cableguymn
if only I'd started my refinery business yesterday!...Id have no high priced product in my pipeline....I'd be RICH I tell ya!.../s
19 posted on 05/07/2011 8:55:43 AM PDT by M-cubed
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To: M-cubed

Oil Refineries In Columbia, But Not The U.S.
Submitted by Kevin Wright on April 19, 2011 - 9:46am

Yesterday, Terence P. Jeffrey of CNS News reported the Presidentially-appointed board of directors of the U.S. Export-Import Bank, an agency of the federal government, authorized financing for a $2.84 billion expansion and upgrade of an oil refinery in Cartagena, Columbia. Does it strike you at all as odd that while this agency is providing financing to a foreign country to refine oil, our own country’s ability to refine oil is on the decline?

Consider this:

“There hasn’t been a new refinery built in the U.S. since 1976. . .” (John W. Schoen, “U.S. Refiners Stretch To Meet Demand,” MSNBC, 11/22/04)

“There are 148 operating refineries in the United States, down from 324 in 1981.” (Eleanor Stables, “H.R. 3893: Gasoline For America’s Security Act Of 2005,” CQ BillAnalysis, 10/8/05)

“Refined petroleum product imports are currently projected to grow from 7.9 percent to 10.7 percent of total refined product by 2025 to satisfy increasing demand.” (Eleanor Stables, “H.R. 3893: Gasoline For America’s Security Act Of 2005,” CQ BillAnalysis, 10/8/05)

http://www.thinkfy.com/content/oil-refineries-columbia-not-us


20 posted on 05/07/2011 9:02:45 AM PDT by KeyLargo
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