Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007 #535819-00018

Submission Number:
535819-00018
Commenter:
Laurie Nenortas
Organization:
Accurate Results, Inc.
State:
FL
Initiative Name:
Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007

Oil companies are providing a service but have shown little regard for the consumer. While I am for companies making a profit I am NOT for gluttony which the oil companies seem to be guilty. Their costs do not justify the outrageous prices they are demanding. However, if this provides an incentive for Americans to become more energy conscience then perhaps that is the only positive thing to come out of this mess? Otherwise, I do feel that the entire marketplace is being held "prisoner" by the blatant price guaging that the oil companies are now doing to all consumers. This should stop. IF making federal regulations that will do this on a permanent basis and NOT be a band-aid or quick fix to this problem, then I am all for it. IF however, it only provides a temporary fix, and then allows these companies to price hike even more later on down the road, then I am against it.