Posted on 05/07/2011 6:08:32 AM PDT by Oldeconomybuyer
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.
In a statement issued at the Justice Department, Holder made clear he wants the multiple-agency task force to be alert for fraud both when oil prices are rising and when they are falling.
Holder sent his memo to several federal agencies, including the FBI, the Securities and Exchange Commission and the departments of Treasury, Energy and Agriculture.
(Excerpt) Read more at cnn.com ...
NYS state has been making a huge profit off the gas prices since they tax on the dollar.
It cost Al Sharpton $90 to fill his Caddylack this week and he’s done pissed. His man Holder will take care of this for him.
“Holder made clear he wants the multiple-agency task force to be alert for fraud both when oil prices are rising and when they are falling.”
Why doesn’t Holder just cut to the chase and charge oil company execs with the crime of CAPITALISM.
He can have a big show trial and bring down the oil companies. Then watch what happens to the price of gasoline.
I truly hope we can make it to 2012.
Holder gives me gas.
I think this is another setup by the administration, and PROVES that the oil / gas market is fixed.
Immediately after Obama decides to investigate high gas prices, there is a huge sell off in oil prices. Immediately thereafter, the administration is going to investigate gas companies that don’t drop their prices.
Is this too coincidental?
Like the Gestapo. When we want the facts we will manufacture them.
Good plan. Let's go after any owner of gas pumps that don't change the prices quick enough and totally ignore the Wall Street bankers who are manipulating the marketplace every day.
Gestapo type tactics....I’ll sic the feds on you if you don’t bring the prices down, that are killing my poll ratings.
WHen are the government jack-booted thugs gonna come visit our gas stations? Prices have gone up another few cents since the oil price drop this week... were are those government officials “here to help”???
{/sarcasm}
It’s not only the oil markets that are compromised. All commodities got whacked to provide cover for the gradual devaluation of the dollar—which is a hidden tax on all Americans to pay for ever-ncreasing government spending. The pause in price inflation is temporary.
Unless they are “his people”.
To busy kissing 0 butt.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.