Obama to investigate the high gas prices he wanted

Obama to investigate the high gas prices he wanted
Flopping Aces ^ | 04-22-11 | DrJohn

Posted on Friday, April 22, 2011 4:04:38 PM by Starman417

Yesterday Barack Obama promised to get to the bottom of the skyrocketing oil price barrel.

RENO, Nev. (AP) -- President Barack Obama said Thursday that the Justice Department will try to "root out" cases of fraud or manipulation in oil markets, even as Attorney General Eric Holder suggested a variety of legal reasons may be behind gasoline's surge to $4 a gallon.

Apparently Obama just learned that high gas prices cost more than lower gas prices.

Obama, decrying such levels as yet another hardship "at a time when things were already pretty tough," said Holder was forming the Financial Fraud Enforcement Working Group.

There's no evidence of fraud, so Obama's going to investigate fraud.

Given that no evidence has yet surfaced of actual fraud or price manipulation in oil markets, Obama's remarks appeared, at least in part, as more of an attempt to assuage public anger over rising gas prices.

Ya think?
Maybe he ought to have a close look at this guy talking to John Harwood. Harwood interviews the guy who supports higher gas prices.
[VIDEO AT SITE]
Or maybe he should investigate this guy.
[VIDEO AT SITE]
This is the guy who said that government price signals should be used to change behavior. He also admitted that his electricity plans are simply a means of wealth redistribution.
Obama said that coal-powered cars would become cheaper

Asked by a member of the audience about prospects for advancements in clean energy, Obama predicted that, with time, prices of now-expensive devices such as electric cars would come down.

Obama used flat screen TV's as an example

"Having a flat-screen TV used to be a big deal," Obama said. But he said now such TVs are commonplace because prices have dropped so much.

Without any interference from the frickin' government, thank you.
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