Do you think the govt. is taking the right direction by starting investigations in addressing the oil prices ?

or should we advocate for ANWAR drilling as a better solution ?

Some sources:

WASHINGTON, May 29 (UPI) -- U.S. regulators in Washington confirmed Thursday they have been conducting an investigation into possible price manipulation in the red-hot crude oil markets.
http://www.upi.com/NewsTrack/Top_News/20...

Feds: Investigation of possible price-fixing in oil market underway

http://www.bostonherald.com/business/gen...

From CNN:

NEW YORK (CNNMoney.com) -- Oil prices fell over $4 Thursday, a day of wild price swings on the back of plummeting crude supplies, signs of a strong economy, and news the government is six months into an oil trading investigation.
....
But the report issued online by the EIA said "the drop was due to temporary delays in crude oil tanker off-loadings on the Gulf Coast.

http://money.cnn.com/2008/05/29/markets/...

Yes, without the republican rubber-stamp Congress, we can finally hold hearings about things which concern the American people.

Now if we can only get fat little Rove to testify!

It should have been done 5 years ago.

and they need to do this too ...........

The Democratic Comprehensive Energy Plan To Lower Gasoline Prices


This is how we will do it. And this why we will do it.



This country has so much under used industrial capacity in our Auto Plants, Airplane Plants, Steel Plants and Electronics Plants to make America Energy Independent in 2 to 5 years. We can build enough windmills and solar power and wave generation energy plants to replace 90% of all of the electricity generated by COAL and NATURAL GAS.

The Coal and Natural Gas saved by Green Replaceable Elecrrical Generation can now be used to make fuel for cars, trucks, busses, boats and airplanes, and or plastics, chemicals, fertilizers and pharmacuticals.

If we build 400,000 windmills for $400 Billion we could save 90% of all of the oil and Natural Gas used to generate electricity.

We need a comprehensive plan that puts America back to work in endeavors that benefit 99% of America.

Howard Scott Pearlman

and

Tony Mullen

No.

The Democrats are just putting on a "dog & pony show" for the gullible & un-informed.

And they are Covering-Up for themselves that they Banned Drilling and Banned the Building of Refineries.

Hard to believe, but Democrats ALWAYS fool some people.

Investigations are good. Look at Oil price corruption after Katrina.

~~~~

Sure, why not. Let's investigate and get a scapegoat instead of doing something to help fix the problem.

Windmills? $400 Billion? The government? If this is such a great idea, the private industry would have done it.

Weird about the price of oil, sounds like the "6 month" investigation suddenly scared the speculators.

Drilling in ANWAR was the answer 12 years ago and remember that two years ago the prices were right at $2.50 WITH speculators. Why not do ALL OF THE ABOVE and quit fighting over it where nobody does anything??? Because this is what the environmentalists actually want - NO ENERGY. That will kill the evil humans and get us down to the "magic" 1/2 billion humans on earth. Ban DDT. Quit drilling oil. Whatever it takes to kill off billions of people. Those that advocate this mentality should be discarded and have no seat at any policy table in the USA.

******* Windmills??? Still chuckling at that one.