U.S. Treasury plans to manipulate oil futures market to hold prices down

It already has plenty of experience with that kind of thing in the gold market but journalists won't ask about it. * * * U.S. Weighs Oil Futures Market Action to Combat Price Spikes By Jarrett Renshaw Reuters Thursday, March 5, 2026 The U.S. Treasury Department is expected to announce measures ​aimed at combating rising energy prices in the wake of the Iran conflict, including potential action involving the ‌oil futures market, a senior White House official said. The potential move would mark an unusual attempt by Washington to influence energy prices through financial markets rather than physical oil supplies, as officials race to blunt the political and economic impact of rising fuel costs. ... Dispatch continues below ... ... ADVERTISEMENT ... Ireland's Tree of Life Gold and Silver Coins Are Available from Money Metals Exchange For Delivery or Secure Storage in Idaho Money Metals Exchange and Tara Coins, supporters of sound money and GATA, are selling Ireland's Tree of Life Gold and Silver Coins, non-legal tender, for U.S. and international delivery or secure storage in the ultra-secure MMX vault in Eagle, Idaho: https://www.moneymetals.com/taracoins The Gold and Silver Trees of Life can be bought directly by retail stackers, retail distributors, and wholesale dealers. The Gold Trees (.9999 purity) are in 1-ounce, 0.25-ounce, and 0.1-ounce sizes, and the Silver Trees (.999 purity) in 1-ounce size. All are approved for individual retirement accounts. Tara Coins is a designer, wholesaler, and retailer of Irish bullion products, selling beautiful, store-of-value, 99.99% pure Irish silver and gold bullion. The Gold Trees of Life are the first 99.99%-pure Irish bullion coins and are beautiful and truly sovereign (non-legal tender) coins. For more information, visit Ireland Trees of Life at Money Metals Exchange -- https://www.moneymetals.com/search?q=tree+of+life -- or contact Shane Lee at [email protected] or 1-800-800-1865. The details of the plan are unclear and the White House official, speaking on condition ​of anonymity to discuss internal matters, declined to provide specifics, saying they did not want to get ahead of the Treasury announcement. U.S. crude futures ​have jumped nearly 21% since the war with Iran started on Saturday, as the spreading conflict disrupted Middle East supplies. The ⁠national average cost of gasoline, meanwhile, has risen 27 cents since last week to $3.25 per gallon, according to AAA, a U.S. travel organization that ​tracks fuel prices. The idea of U.S. intervention in the futures market reflects the background of Treasury Secretary Scott Bessent, a former hedge fund manager and ​global macro investor who spent decades trading currencies, bonds, and commodities before joining the administration. ... ... For the remainder of the report: https://www.reuters.com/business/energy/us-weighs-oil-futures-market-action-combat-rising-energy-prices-wh-official-2026-03-05/ * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://tinyurl.com/3xt6uw66 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png