ATA offers suggestions to mitigate dramatic spikes in fuel prices

[Cybergal]

ATA offers suggestions to mitigate dramatic spikes in fuel prices

ARLINGTON, Va. – In an effort to mitigate dramatic spikes in fuel prices similar to those in 2008, the American Trucking Associations (ATA) today called on Congress to increase the transparency of futures markets and impose reasonable aggregate position limits on energy commodities.

“Since March, the price of diesel has risen 56 cents per gallon despite supplies being at a historical high and diesel demand at a nine-year low,” ATA President and CEO Bill Graves said. “It seems that more is at play than just the fundamentals of supply and demand.”
http://www.thetrucker.com/News/Stor...ionstomitigatedramaticspikesinfuelprices.aspx

 

[Tn. Truckers Wife]

This was one of Obama's promises as president and so far nothing has been done...

 

[RickG]

So what do you all think about this ? Sunoco, Valero buy bankrupt ethanol plants, analysts see other oil companies following -- chicagotribune.com
Something seems strange there . Other industries get bailouts but ethanol companies go bankrupt . Then we get a Senator from a corn producing state as president and oil companies buy up the ethanol plants cheap .

 

[Beechvtail]

Government and their friends are out of control. I feel the tension in the air. Just look at Iran. See any correlations? I feel we are headed in the same direction if something doesn't change.