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CNNW Anderson Cooper 360 April 18, 2012



this has been going on for years now, and every time prices start to go up, especially in an election year, politicians dust off their three-point plans for $2 gas. president obama, that was march 15th, mocking challenger newt gingrich. today he wasn t promising $2 a gallon gas. he wasn t dusting off a three-point plan. he did, however, label a five-point plan for cracking down on speculators. we can t afford a situation where speculators artificially manipulate markets by buying up oil, creating the perception of a shortage, and driving prices higher to flip a quick profit. we can t afford a situation where some speculators can reap millions while some american families get the short end of the stick. that s p not the way the market should work. keeping them honest, not even his advisers could say how this would affect gasoline prices. i m not going to speculate about this provision or any other provision on the price of the pump. it won t get through the rep ....

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