Obama is also calling for more funding to increase CFTC surveillance and enforcement staff and to improve technology.
"At a time when American consumers are feeling pain at the pump, it is critically important to ensure that illegal manipulation, fraud and market rigging are not contributing to gas price increases," the White House said in a statement.
"If there's fraud going on, the administration has the tools to stop it," said Brendan Buck, spokesman for Republican speaker of the House of Representatives John Boehner.
"The truth is the president's policies are restricting American energy production, and he's looking for a scapegoat. The American people aren't going to buy it."
Republicans immediatly play right into Prez hands. Obama has no energy policy but gets Them to defend Evil Speculators... lmao
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