QUOTE OF THE WEEK

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March 24, 2012 (Washington, D.C.)  “There is now more supply…available in America today than there was three years ago when the price of gas was a buck ninety a gallon. There’s less demand now than there was at any time since 1997, so we’re not looking at a supply and demand problem. What we also know is that over eighty percent of the oil futures market is not controlled by people who actually use the oil, airlines, etc. , but by Wall Street speculators like Goldman Sachs/Morgan Stanley…The root of the problem is that our friends on Wall Street who caused this recession through their greed are at it again, and by manipulating oil futures market they’re driving up prices” – Senator Bernie Sanders, Vermont,  only Independent member of Congress. 

 


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