“On Thursday, my attorney general also launched a task force with just one job: rooting out cases of fraud or manipulation in the oil markets that might affect gas prices, including any illegal activity by traders and speculators. We’re going to make sure that no one is taking advantage of the American people for their own short-term gain.” Source: The White House
During his speech, the president also discussed ending $4 billion in taxpayer subsidies to the oil and gas industry and the need for investments in clean energy technologies.
Photo: David Reber’s Hammer Photography/Flickr
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