Faced with the prospect of $5-a-gallon gas this summer, President Obama said today his Justice Department is creating a team to “root out any cases of fraud or manipulation in the oil markets that might affect gas prices.”
“That includes the role of traders and speculators,” Obama said at a town hall in Reno, Nevada. “We are going to make sure that no one is taking advantage of American consumers for their own short-term gain.”
Hey, Mr. President — want to know why gas prices are so high? Then take a look at what you’ve done to the dollar.