After nearly two years of continued pressure on Congress to stop oil speculation, we are on the verge of a great victory for consumers. As gas prices soar past $3 a gallon, the U.S. Senate is just days away from debating new legislation to stop the manipulation of energy markets. Your Senators need to hear from you right now.

 

The senate vote will be very close because Wall Street is lobbying so hard to defeat our efforts. Enough is enough. It is time for Wall Street to stop gambling at the public's expense. Fortunately, the Senate next week is expected to begin debate on Sen. Blanche Lincoln's (D-AR) new legislation, the Wall Street Transparency and Accountability Act of 2010. This strong legislation will close loopholes, increase transparency and shut speculators out of the oil markets once and for all.

 

We need everyone to contact their Senators immediately to help pass this legislation. Take just two minutes to e-mail your Senators and demand they stop oil speculation now. Your e-mail could prevent another summer of record high gasoline prices. While many of you have already e-mailed your Senators on this issue, please do so again today. Flooding Senate offices with hundreds of thousands of constituent messages will help convince Congress to support the values of Main Street over the interests of Wall Street.

 

We all remember the economic chaos caused by high energy prices in the summer of 2008. If Congress fails to pass reform, a new oil bubble will undermine our economic recovery by weakening the finances of families and businesses. Do not let history repeat itself. Please click here to e-mail your Senators and ask that they support strong legislation to stop oil speculation now.

 

Your help will be critically important if we are to be successful in stopping oil speculation. We encourage you to follow us on Facebook or Twitter to remain up-to-date on our ongoing efforts to stop oil speculation.

 

Thank you,

 

The Coalition to Stop Oil Speculation Now