Clinton: Energy Traders Are Manipulating Market
(INDIANAPOLIS) - A day after her husband told a Carmel audience they should probably vote against any candidate who says he can bring back cheap oil, Democratic presidential candidate Hillary Clinton is promising to bring oil prices down, and prices at the gas pump with them.
Senator Clinton contends there's evidence energy traders are manipulating the market. She says the federal trade commission isn't doing enough to investigate possible violations.
In a stop at an Indianapolis veneer plant, she maintained a crackdown could slash oil costs by 20 dollars a barrel.
Clinton says the U.S. should use the World Trade Organization to force OPEC to stop restricting production. Nine of the 13 OPEC nations are members of the WTO.
On Monday, former President Bill Clinton extolled his wife's emphasis on long-term solutions, including higher gas mileage and more investment in oil alternatives. He said economic trends carrying oil prices higher won't be reversed.
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