Behind Gas Price Increases, Obama's Failure To Crack Down On Speculators

6/2/08 - Candidate Obama Promises To Impose Windfall Profits Tax On Oil & Gas Industry

6/25/08, what Candidate Obama will do to help consumers with rising gas prices included a second round of stimulus rebate checks, impose a windfall profits tax on oil companies, and close the Enron Loophole that allows for speculation's unregulated upward pressure on gas prices.

http://www.youtube.com/watch?v=ChNNVhEZjI0

The first of Obama's many broken pledges & promises once he got elected was reneging on his pledge to impose 'Windfall Profits Taxes on the Oil & Gas Industry", etc.:
http://www.youtube.com/watch?v=jMbqVDymi7k

11/10/08 - President-Elect Obama Abandons Windfall Profits Tax on Oil Companies

12/23/08 - When pressed about his abrupt about face on imposing windfall profits taxes, President-Elect Obama said, "The prices have now dropped - We'll see about doing that if or when they rise again."

Since 12/08, the price of oil has reached $80/barrel several times, which is the amount that Candidate Obama had pledged would trigger his windfall profits tax. 

http://www.reuters.com/article/topNews/idUSWAT00963020080609
http://www.youtube.com/watch?v=jMbqVDymi7k
http://blogs.abcnews.com/politicalpunch/2008/12/obama-abandons.html
Read the Article at HuffingtonPost