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Old 03-11-2012, 09:28 AM   #326
Ibby
erika
 
Join Date: Apr 2006
Location: "the high up north"
Posts: 6,127
Gas companies are still making record profits. Record as in they are the most profitable companies that have ever existed in the history of the world. i don't think they need their subsidies. Just yesterday on Up with Chris Hayes the independent federal regulator of the speculative market estimated that oil speculation, not cost, accounts for almost ALL of the price increase.
Sounds like we need more regulation of speculators to me!
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