Nick14
Guru
I've just started two petitions on We The People of whitehouse.gov, related to financial speculators manipulating gas prices, and ethanol, two topics near and dear to my heart. You can check out the petitions at the links below. If you agree with them, please sign them, and pass them on. If a petition gets 150 signatures it becomes publicly listed on the website, and if it gets 100,000 signatures, the Obama administration must officially respond to it.
Thank you!
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You can view and sign the first petition here:
http://wh.gov/iDJUx
Repeal the Renewable Fuel Standard which requires ethanol to be blended into gasoline.
A small number of big corn growers are making huge profits from the requirement to put ethanol into gasoline, at the expense of the majority of the American people. Diverting corn to make ethanol fuel is negatively affecting food prices, which is unconscionable at a time when so many people are going hungry. Ethanol in gasoline harms older cars because it is corrosive and absorbs water from the air. It also costs Americans more money because cars get lower mileage on ethanol-gas than pure gasoline because ethanol contains less combustion energy. It takes energy to make ethanol, so it does not really save any oil. Gasoline consumption is declining in the U.S. and oil production is increasing - there is no need for this illogical ethanol requirement.
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You can view and sign the second petition here:
http://wh.gov/iDJR3
Take any and all measures to end the financial speculation which is manipulating the price of oil.
Financial speculators control the price of oil, not consumer supply and demand, which is causing extreme price fluctuations and artificially high costs. Oil is a strategic resource that underlies the cost of everything. Financial manipulation has hurt the American people, and damaged the economy. This is an unconscionable transfer of wealth from the many to the few. The only way there will be any stability is if the Commodity Futures Modernization Act of 2000 and The Financial Services Modernization Act of 1999 are repealed, and along with them, ending the 16 to 1 leverage allowed by current margin rules for oil futures trading; require that all purchasers oil futures contracts take physical delivery of the oil; and require that all oil futures trading be on a regulated exchange.
Thank you!
----------------------
You can view and sign the first petition here:
http://wh.gov/iDJUx
Repeal the Renewable Fuel Standard which requires ethanol to be blended into gasoline.
A small number of big corn growers are making huge profits from the requirement to put ethanol into gasoline, at the expense of the majority of the American people. Diverting corn to make ethanol fuel is negatively affecting food prices, which is unconscionable at a time when so many people are going hungry. Ethanol in gasoline harms older cars because it is corrosive and absorbs water from the air. It also costs Americans more money because cars get lower mileage on ethanol-gas than pure gasoline because ethanol contains less combustion energy. It takes energy to make ethanol, so it does not really save any oil. Gasoline consumption is declining in the U.S. and oil production is increasing - there is no need for this illogical ethanol requirement.
----------------------------------------------------------------
You can view and sign the second petition here:
http://wh.gov/iDJR3
Take any and all measures to end the financial speculation which is manipulating the price of oil.
Financial speculators control the price of oil, not consumer supply and demand, which is causing extreme price fluctuations and artificially high costs. Oil is a strategic resource that underlies the cost of everything. Financial manipulation has hurt the American people, and damaged the economy. This is an unconscionable transfer of wealth from the many to the few. The only way there will be any stability is if the Commodity Futures Modernization Act of 2000 and The Financial Services Modernization Act of 1999 are repealed, and along with them, ending the 16 to 1 leverage allowed by current margin rules for oil futures trading; require that all purchasers oil futures contracts take physical delivery of the oil; and require that all oil futures trading be on a regulated exchange.
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