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Rapidly escalating oil and gas prices have drawn the attention of political leaders, including President Barack Obama and Attorney General Eric Holder. While the government can do little to affect prices, it can monitor the activities of traders and speculators to ensure that no laws are being broken. Attorney General Holder was clear that there is no current evidence of fraud or illegal activity, and that the move was preemptory in nature only. As quoted by CNN, Holder said,
