Accurately reflecting the forces of supply and demand. Mr. President , there is now a growing consensus. This is not just the opinion of Bernie Sanders. There is a growing consensus that excessive speculation on the Oil Futures Market is significantly contributing to the high prices that the American People are seeing at the pump. Exxonmobil, Goldman Sachs, the i. M. F. , the st. Louis federal reserve, the American Trucking association, delta airlines, Petroleum Marketers association of america, the new england fuel institute, the Consumer Federation of america, and many other organizations have all agreed that Excessive Oil speculation has significantly increased oil and gas prices. Just a few years ago Goldman Sachs, perhaps the largest speculator on wall street, came out with a report indicating that Excessive Oil speculation is costing americans 56 cents a gallon at the pump. 56 cents a gallon. I personally think that that is a conservative estimate, but it is interesting that it c