Senator Franken Promotes On Oil Prices And Markets

U S Senator Al Franken joined Dave Lee on the WCCO Morning News to talk about investor speculation in the oil markets.  Franken would like to see some  market control to keep speculators from driving up the price oil, and affecting gas prices.

Here are Dave Lee and U S Senator Al Franken.

  • steve

    This guys an idiot.

    • Ross Perot

      He may be one of the most capitalistic ignorant morons of all time.

    • Death

      He’s a US Senator, so, what does that make U LMAO!

      • Kevin

        what does it say for the people of Minnesota who elected him? He is an idiot!

  • Ordinary Guy

    Shift to a tiny market transaction tax from the speculators’ profit tax, and this would make the markets less volatile and safer for Mom and Pop investments.

    • Ross Perot

      So your answer is government and more government. We’re looking like communism more and more every day. 90% of the people who use the futures markets in businesses whose trades are directly tied to the cost of fuel; i.e. airlines, shipping, (sea and land), large manufacturers who use petrochemicals in the production process and many more. This is so they can lock in their costs and have a reasonable estimate of what they can sell their product for.. The easy and ignorant response is speculators and you don’t have a clue who is using the futures

  • Corey

    Gas prices remain high because the dollar is worthless. Fix that problem and gas will be cheap again.

  • Carl

    When the price of oil and gas go up, people conserve more.

    Isn’t that a good thing?

    Aside from his ability to steal a senate seat, Al is an incompetent boob.

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