It’s unfortunate, but most of the reason that you’re paying more money at the pump is due to oil speculators. They send the oil prices up and up and when they’re coupled with other problems, with the economy, they can make the market very volatile. They can also send the gas prices soaring and the stock market skidding downward.

The House bill regarding oil speculation will help to discourage that. The White House has threatened to veto the bill, so it might not actually become law, but Congress likes the idea of stopping the speculation, both in the oil market and in other commodity markets.

There have also been trading abuses out there and the bill would help to get those stopped. There would be more regulation, regarding the speculation on any commodity, in any market and the thought is that this would help to more easily stabilize the market.