Political Quotes

“Or simple. And as a result I thank him for his elucidation of what is a place that we could start. It is not right or left; it is not R or D; it is common sense. One other thing I would add to the excellent presentation of the Senator, and that is that as the cost of gas creeps higher and higher-- and in parts of Florida it is now $4 a gallon, and oil is being sold on the international marketplace at something like $120 a barrel--how much of that is from speculation of people who buy and sell oil contracts for future delivery? How much is from people who are not users of the oil, such as an airline that would clearly have reason to want to lock in a fixed price for oil in the future as a hedge against that price of oil going up because they are going to use that oil as fuel in their airline? No, these are the ones who are merely flipping like hamburgers the contracts, over and over, which has a tendency to raise the price of oil. The price of a barrel of oil as it rises then clearly is going to affect the price we pay when we go into the gas station and put gas in our gas tank. If we would start using some common sense in our approach to these things and do it in a fair way, I think we could get along so much better and the American people would feel so much better about their Tax Code. I thank the Senator for his presentation.”