Topic: Bart Chilton
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Opinion: Who's to blame for rising oil prices? Speculators
Many blame Middle East turmoil or a weak dollar for rising oil prices, but they provide only a partial explanation. The chief culprit is speculation in oil markets. Fortunately, it can be stemmed with several regulatory steps.
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Obama faces trouble with $4 gasoline
Polls show Americans blame Democrats more than Republicans for $4 gasoline prices, and President Obama's poll numbers show it. But people blame big oil companies even more, which may be a political opening for Obama.
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Congress rushes to fill oil speculation loophole
Speculation can add $70 to the price of a barrel of oil, critics charge.







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