President Barack Obama announced Thursday that the Justice Department is assembling a team to "root out any cases of fraud or manipulation" in oil markets that might be contributing to $4 a gallon-plus gasoline prices.
"We are going to make sure that no one is taking advantage of the American people for their own short-term gain," Obama said at a town-hall style meeting at a renewable energy plant in Reno.
In a statement in Washington, Holder promised to "be vigilant in monitoring the oil and gas markets for any wrongdoing so that consumers can be confident they are not paying higher prices as a result of illegal activity. If illegal conduct is responsible for increasing gas prices, state and federal authorities should take swift action."
However, in a Justice Department memo accompanying his statement, Holder suggested no evidence had turned up yet of unlawful price manipulation.
http://news.yahoo.com/s/ap/20110421/ap_on_bi_ge/us_obama

Wonder how many millions of dollars shit for brains will piss away on an investigation that will turn up nothing.
"We are going to make sure that no one is taking advantage of the American people for their own short-term gain," Obama said at a town-hall style meeting at a renewable energy plant in Reno.
In a statement in Washington, Holder promised to "be vigilant in monitoring the oil and gas markets for any wrongdoing so that consumers can be confident they are not paying higher prices as a result of illegal activity. If illegal conduct is responsible for increasing gas prices, state and federal authorities should take swift action."
However, in a Justice Department memo accompanying his statement, Holder suggested no evidence had turned up yet of unlawful price manipulation.
http://news.yahoo.com/s/ap/20110421/ap_on_bi_ge/us_obama

Wonder how many millions of dollars shit for brains will piss away on an investigation that will turn up nothing.