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Again - hogwash. Thinks like stopping the Keystone XL pipeline have a direct impact on the availability and thus price of oil/gas. The administration not only stopped that project, but has restricted domestic oil production on federal land - meaning more supplies must come from overseas. All of which affect gas prices. I am not saying that the futures market doesn't have some impact, but to claim that the President (through his administration) has no control - is just an outright fallacy.
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I cannot believe it.
Keystone is expected to add 10c to the fuel costs in parts of America
not lower it.
The major beneficiaries yet again are the house of Saud.
Besides which I would have thought a decent republican would be up in arms about foriegn corporations siezing peoples land under eminent domain