Close loopholes on foreign oil trading. Limit hedge funds from pouring money into the market. End oil speculation altogether.

Minimum wage hike kicks in
The federal government is set to boost the nation's minimum wage Thursday in the second of three increases mandated by Congress.
U.S. middle class losing ground
America's middle class is growing increasingly squeezed by sagging incomes and soaring expenses, experts told Congress on Wednesday.
Pickens urges energy action
Texas oilman T. Boone Pickens told Congress Tuesday that the government must act quickly to curb the nation's dependence on foreign oil.
Oil jumps on Iran, storm
Oil prices rebounded sharply Monday, following the largest four-day slide in oil trading history, as traders focused on a break down of negotiations...
Bush lifts offshore drilling ban
President George W Bush lifts an executive ban on oil drilling in most US coastal waters, and urges Congress to follow suit.
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