The agency charged with "ensuring the integrity of the futures & options market," has accused Optiver Holding of manipulating the prices of crude oil, heating oil and gasoline futures on the NY Mercantile Exchange.
What is McCain's next commercial going to be? That Obama is responsible for global warming? The recent outbreak of salmonella? The inability of the Chicago Cubs to win a World Series?
Big Oil makes more money when prices go up and that money is nicely spread among its allies in Congress. Trusting these guys is like trusting your neighborhood pusher.
This year, they are rewarding John McCain more heavily than any other politician in America. So far they've given him more than any two senators combined, a whopping $1,010,868.
Rather than scour the world for oil that is increasingly expensive and difficult to get, we can jumpstart automakers to build a fleet of plug-in hybrid and electric vehicles that get in excess of 100 mpg.
Imagine! Almost an entire installment of Meet the Press devoted to an interview with a private citizen who is not running for office -- who receives the attention because he...knows something.
Though McCain's plan for offshore drilling will not ease the energy crisis, it is dandy patronage for the oil industry, who will be able to make nice profits from extracting and selling the 200,000 barrels per day.
No wonder there's only one reporter waiting for McCain in New Hampshire. While McCain's team has been compiling YouTube wannabe video montages, Obama's plan for Iraq was endorsed by the country's prime minister.
MySpace and Facebook have utterly failed to improve any significant aspect of the American economy -- and have "succeeded" at wasting millions of manhours that could have gone toward boosting our national productivity.
For only the fourth (or fifth, depending on how you count) time in his presidency, George W. Bush had a veto overridden by both houses of Congress thi...
In 1938 Congress passed the Fair Labor Standards Act regulating the eight hour day, 40 hour week. Most scholars of work and many Americans agree: the traditional work schedule is a relic.
John McCain may not know what gas costs or when he last pumped any, or performed any other act not connected to politics or outpatient care, but he's had hundreds of town hall meetings.
The Chinese authorities have made energy efficiency a top priority. And U.S. and Chinese officials recently agreed to work together to help lower China's energy intensity.
Why hasn't big oil gotten around to the 34 billion barrels already available to them offshore, given the staggering price for oil? Because it ain't easy being non-green offshore.
To decrease the use of oil in our cars we need the kind of retooling we did for World War II. Now we are in another war -- a war against this debilitating addiction.
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