The CEOs of 12 major U.S. air carriers have written a letter to their frequent flyers. They're asking customers to pressure Congress about oil market speculation.
Airline executives say financial speculation is partly responsible for the increase in oil prices that's crippling their industry.
financial speculationAirlines Urge Customers To Oppose Oil SpeculationNPR Programs: Morning Edition Thu, 07/10/2008 - 10:47am
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Members of Congress Meet on Oil SpeculationNPR Programs: Morning Edition Mon, 06/23/2008 - 12:12pm
Lawmakers in Washington are sharpening their focus on the oil markets. They're having a hearing Monday to discuss how much of the run-up in oil prices is due to financial speculation. |
