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Agriculture Commissioner Calls for Fuel Investigation

May 23rd, 2008 by Mike Vasilinda

After receiving hundreds of complaints about skyrocketing food costs, Agriculture Commissioner Charles Bronson is calling for a federal investigation into oil futures trading. Bronson likened rising energy prices to the run up before the 1929 stock market crash and suggested oil companies may be behind a smear campaign trying to link the higher fuel and food prices to the production of ethanol.

“For those that are buying and selling and trading oil futures four to eleven times before that tanker ever lands at a port to process that oil you can bet none of them are losing money, on those transactions. Every time those transactions take place the price of fuel for the average citizen of this state and this country goes up. says Bronson.

Bronson has little investigative power himself except during emergencies. Previous investigations into high oil by the state have gone nowhere.

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