News, analysis and personal reflections on the markets & the financial sector

Thursday, July 30, 2009

Stop Oil Speculation Now

Stop Oil Speculation Now is a multi-industry coalition of businesses, associations and concerned citizens united in support of responsible energy policies and prices. Public outrage and congressional debate helped deflate the oil bubble and return prices to reasonable levels. You can help make a difference again this year.

While fuel costs have declined this year in comparison to last, there is still quite a bit of volatility in the prices that affect not only our business, but you personally-- in the prices you pay for fuel for your vehicles as well as goods that are transported to the stores.

Increasingly over the past few years, a growing group of financial players with no direct stake in the physical delivery of oil has exercised undue and unchecked influence on the price of oil, causing great pain for consumers and wreaking havoc on American businesses of all kinds - including airlines and their customers. Recently, the Wall Street Journal reported that continued speculation could "worsen the global economic downturn." We cannot allow this to happen.

We need your help. Get more information and contact Congress by visiting the
S.O.S. Now website. http://www.stopoilspeculationnow.com/

You can also follow S.O.S. Now on Facebook and Twitter.

No comments: