bill to allow feds to cap gas prices at 2.49!!!!!!

[ctrlfreq]

It's always entertaining when people (especially our representatives) think that federal meddling in the market will help fix problems brought on by federal meddling in the market. It's even worse when they're so short-sighted to think you can fix a market problem by simply toying with the price, and not dealing directly with either the supply or demand for the product.

[dsirkle]

It appears that this guy is merely proposing a temporary cap on gas prices. I feel sure that the main purpose is to make himself popular with his constituents. He can bring up the bill that he proposed,sponsored or introduced when campaigning for re election.

[Coins]

The government needs to go after the futures traders instead of the oil companies.

[nevohraalnavnoj]

It's always entertaining when people (especially our representatives) think that federal meddling in the market will help fix problems brought on by federal meddling in the market. It's even worse when they're so short-sighted to think you can fix a market problem by simply toying with the price, and not dealing directly with either the supply or demand for the product.

True!

JonV

[Coins]

The current prices have nothing to do with current supply and demand, though. The prices are high from future supply and demand that is assumed.

[Patrick Long]

that bill will never pass

[starmom]

Agreed