Sen. Klobuchar says oil market a casino without rules

Posted by Staff on July 21, 2008 |

Sen. Amy Klobuchar (D-Minn.) says there is no way to explain why gas has increased 25 percent in six months, noting that American demand has decreased and that a number of oil executives have said oil prices should be much lower given physical demand in the market. She quoted an expert who called the oil market “a gaming hall” and a “casino without rules.” (1:01)

 
icon for podpress  Standard Podcast [1:01m]: Play Now | Play in Popup | Download

July 21, 2008

Comments are closed.


Latest Audio

  • Labor Secretary Recalls Helping Undocumented Students Go To College
  • GOP Leaders Look To Suade Moderate Democrats On Health Care Vote
  • Democrats’ Health Bill One Great Big Ponzi Scheme, Says Thune
  • Senate Democrats Employ ‘Gimmickry’ To Keep Health Bill Below $900 Billion

Happening Now - TRNS on Twitter