[Moby Grape]

What does CONGRESS have to do with futures?

Should Congress step in and set limits on something that has been a free market function for over 100 years?

The only thing I see politicians doing is the usual class war and envy demagoguery....Obama says we need to do something about “CEO salaries”..

If EVERY American bought ALL their automobile gas for a year from Exxon (the company the media and politicians love to point a finger at) and IF the CEO worked for FREE...it would save the American public 48 cents per year....Yeah, those politicians (particularly liberals) know that they can lead the public by the nose and make them think they are doing something for the little guy.

[Maverick68]

1. So what if it will take 10 years for a drop of oil-aren't politicians the first ones to scream "what about the children's future" when it benefits them.
2. The THREAT of drilling and refining our own oil should be enough to give us some leverage with the world.
3. Most importantly: Can the WORLD survive America paying $5 a gallon at the pump. At some point, the generous American wallet will close and I don't see the Russkies, Japanese, Euros or Muzzies coming to anyone's rescue anytime soon...

[HamiltonJay]

over 100 years? You are so ignorant, that its clear you aren’t worried about facts...

GO do some research on exactly how long energy futures have been traded.

This isn’t class war, its fact my friend, you can play your market is the alpha and the omega nonsense.. Me, personally, I’ll keep GOD in that category all by himself.