June 24, 2012 in Letters, Opinion
Energy probe just politics
The letter gives credit to Sens. Maria Cantwell and Patty Murray for keeping consumer interests in mind by requesting answers about high gasoline prices, which I have written them about. After all, in 2009, when Barack Obama took office, a gallon of regular was around $1.85 and today it runs around $3.75. Cantwell and Murray have said the high price of gas is due to commodity trading, aka speculators, and now it is refinery closings. In the replies to me, Cantwell and Murray cite the need to go green, and also tell me that we could drill on …
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The letter gives credit to Sens. Maria Cantwell and Patty Murray for keeping consumer interests in mind by requesting answers about high gasoline prices, which I have written them about. After all, in 2009, when Barack Obama took office, a gallon of regular was around $1.85 and today it runs around $3.75. Cantwell and Murray have said the high price of gas is due to commodity trading, aka speculators, and now it is refinery closings. In the replies to me, Cantwell and Murray cite the need to go green, and also tell me that we could drill on every square mile of oil-producing ground in the United States and it would only lower the price of gas by one penny. Which means to me supply does not enter into the equation. It does not make sense. Now, to the issue of speculators; there are traders in all commodities. The next time you write Cantwell and Murray, ask them about the results of the investigation and you will get a reply that does not address your direct question. Time for a change when the next election comes up.
Arnold O. Bos
Spokane

Spokane7
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