VitalAccurateThinking

BP Gas Pricing Inquiry Under way

This is just another and another and another string of inquiries into gas price manipulation that will likely end like all other FTC probes of the past: NOTHING and NOTHING and NOTHING It is politics as usual.

Federal investigators are reportedly looking into whether BP manipulated gasoline and crude oil markets between 2002 and 2004.

According to a report in the Wall Street Journal, the U.S. Commodity Futures Trading Commission has subpoenaed BP and other energy trading firms in the oil investigation, focusing on possible manipulation of over-the-counter markets for these commodities in 2003 and 2004.

posted by Jim VAT @ 5:25 AM