The crude oil market, unlike every other commodity in America, is virtually unregulated.
Peter DeFazioNor should the U.S. military be forced to remain in Iraq essentially as an army for one side of a civil war.
Peter DeFazioAbout 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.
Peter DeFazio