Tag Archive | Enron

Stop Speculation Now – Black on Black Thought

Here\'s what I think at the pump

This is part of the bi-weekly Black on Black Thought feature.

Guess what? Gas is expensive. Expensive gas impacts almost everything in Americans’ day-to-day lives by making almost everything we do or consume more costly. One of the large contributors to the high cost of fuel is speculation, which in simple terms means to buy something you have no purpose for other than to make money off of its unstable price.

Well, the argument against excessive speculation, especially on commodities like oil, has brought together groups of citizens, organizations, and companies that often times are at odds with one another. The Stop Oil Speculation Now effort has caused many to join in a call for smarter, more responsible government regulation and an end to one of the major drivers if high gas prices.

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