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Ever wonder who controls gas prices?

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Uploaded by on Jun 26, 2007

In this clip Republican Congressman John Peterson rips Congress, Big Oil, Wall Street & OPEC as being the cause of fossil fuel inflation and controlling gas prices.

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News & Politics

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Standard YouTube License

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  • This video needs to be updated since gas prices are now $4.25 per gallong for 87 grade of gas at the gas stations here in Orange County, CA, I hate it.

  • we all should get more informed and our country says united we stand what does that even mean anymore we are all divided not united

  • how can you not idiot

  • This guy is a charlatan. Oil prices are high because of American and British bankers bidding it up with what we call SPECULATION. It has nothing to do with Supply & Demand.

    Wallstreet is "monkeying with it" because oil corporations want to grab more land. These oil companies are not exploring on most of the land they have been given.

    Don't believe this hype it's pocketbook fear, something the GOP has been quite good at.

  • This guy is dead on. Bravo sir.

  • greenpeace . org . uk/climate/stop-esso

  • LOL,REP JOHN PETERSON;since when the merchants are u friends?? the walmart its u friend did jcpenny its u friend LOL NO MR. THEY AINT U FRIENDS

    AND THEY DONT CARE IF U R DEMOCRAT OR COMMUNIST u just pay what they tell u to pay U Depend ON WAL MART OR JCPENNY OR THE CORNER STORE SO STOP SMOKING THAT STUFF AND SMELL THE COFFe,we have gas we have oil but u know what u anti friend,exxon,texaco, valero and much more they don't want to extract this gas u oil to keep the price of gas high..LOL

  • cause the government here sucks! they are all crooks who should be hanged

  • high gas prices are the result of -corerate and government GREED!! opec -sucks oil ceo s -should be shot! and bush(who has stock in oil ) is a asshole!! all involved are crooks-including congress taking "kickbacks" from opec! this government is so corrupt! that our tpoops should overthrow THEM! they are the REAL terrorist!

  • Its inevitable he has no control over what oil companies do he's making a comment. Your federal government is using oil companies to pump up your dollar to offset its devaluation internationally. Also, S.Arabia buys up your bonds for your exports- ttlly tied to stability of your weakening dollar

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