Don’t be a victim of high gas prices!
Did you know that traders of energy commodities like oil don’t have to report to the government like traders of other items such as wheat or corn? Loopholes in the law (created by those at Enron just before their financial scandal became public) allow wall street types to speculate as wildly as they wish on what is happening in the oil market without any real basis on supply and demand. You pay more at the pump thanks to this over speculation. Prices of groceries are skyrocketing and many can’t afford the gas to drive to work. The economy is on a downward spiral with Americans and fuel retailers paying the way for investment bankers and hedge funds to get richer.
Take control of gas prices out of Wall Street and back in the hands of basic business sense where it belongs.
Join your local convenience stores and petroleum distributors in supporting a law requiring energy traders to report to the government the same way all other traders are required to. Log on to
Close The Enron Loop Hole and click on the red button “Write your Representatives and Senators Today” to urge legislators to support this bill. Hurry, this bill is being debated NOW! If the public doesn’t show their support it may be another year before the bill is debated again. Who knows how high gas prices may be pushed by then.
The public isn't the only one who suffers from high gas prices. As budgets are tightened customers spend less money on convenience items inside the store, the real source of profit for locally owned and operated petroleum business owners. Americans use credit cards more, driving up operating costs and eating into profits. Members of the Petroleum Marketers and Convenience Stores of Iowa actively work to fight high gas prices and protect the communities they serve.
