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Dennis Kelleher Testimony In Front of The House Natural Resources Committee

Dennis Kelleher, president and CEO of Better Markets testified in front of the House Natural Resources Committee on March 21 and demonstrated that rising gas prices are closely related to speculation activity on Wall Street.  Drawing on Better Markets research, he argued that Wall Street has poured hundreds of billions of dollars into the energy markets to speculate, generating enormous profits for the biggest banks, while raising gas prices for consumers and called for the practice to be stopped.