About 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.
More Quotes from Peter DeFazio:
We're looking at another kind of disaster to counties and schools across the country if this legislation isn't reauthorized,Peter DeFazio
In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.
Peter DeFazio
There is a lot of lip service paid in this Congress and downtown at the White House about family values and small business. Who better represents family values and small business than the fishermen and women on the Oregon and California coast.
Peter DeFazio
Of the 55 refineries closed in America in the last 10 years, they were all closed for economic reasons, mostly oil company mergers. Not a single one was closed for environmental purposes or objections.
Peter DeFazio
The message I want to convey is that it is not too late to make meaningful changes in this program.
Peter DeFazio
Second, the resolution contains the blatantly false assertion that negotiating a timeline for bringing U.S. troops home with the Iraqi government undermines U.S. national security. Such a statement shows a misunderstanding of the enemy we face in Iraq.
Peter DeFazio
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Based on Topics: Books QuotesBased on Keywords: marketed, regulate, regulated, trades
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