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Friday, February 24, 2012

Oil Slicks: Who Benefits From Gambling On Gas Prices?

Anybody who doesn't believe that energy speculators can change election results might want to ask Gray Davis, the former Governor of California who was removed in a recall drive partly prompted by voter frustration over California's ongoing energy crisis. Only afterwards did we learn that the crisis was caused by speculators who backed his opponents' deregulatory agenda -- and benefited from it.

Coincidence? We report, you decide.

And anyone who doesn't believe that gas prices affect election results might want to ask former President Jimmy Carter. If the 1980 election hadn't turned out the way it did we might be living in a very different world.


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