Agriculture Commissioner Seeks Answers For Rising Fuel and Food Prices
Bronson likened rising energy prices to the run up before the 1929 stock market crash and suggested oil companies may be behind a smear campaign trying to link the higher fuel and food prices to the production of ethanol.
"For those that are buying and selling and trading oil futures four to eleven times before that tanker ever lands at a port to process that oil you can bet none of them are losing money, on those transactions," said Bronson. "Every time those transactions take place the price of fuel for the average citizen of this state and this country goes up."
With rising diesel prices, consumers can expect even higher grocery bills in the coming months.
In reality, state officials, like Bronson have little investigative power. Previous investigations into high oil by the state have gone nowhere.
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