Dorgan: Stop casino-like oil speculation with "End Oil Speculation Act"

06/30/2008 | USA Today

Speculators are making a killing on the oil market while Americans face the consequence of soaring prices at the gasoline pump, and regulators need to crack down on the industry, according to this editorial by Sen. Byron Dorgan, D-N.D. Dorgan has introduced a bill, the "End Oil Speculation Act," that would put an end to what he calls "casino-like" betting on oil prices.

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