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Reuters: Congress told speculators not driving up oil price

Started by counter, April 03, 2008, 08:01:05 PM

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Congress told speculators not driving up oil price
      


WASHINGTON (Reuters) - The U.S. futures market regulator on Thursday told skeptical members of Congress that speculators were not responsible for pushing crude oil prices to record highs, but one lawmaker warned that commodity markets had become casinos.
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