Prior to the debt markets seizing up, the Bear Stearns bailout, the lack of a Lehman Brothers bailout, TARP, and all the myriad fallout from the credit crisis which led to the deepest and longest recession in a generation, there was deep concern over rising commodity prices. Specifically, the spike in crude oil in the summer of 2008 - up to $147- led to public outcry and demands for investigations.
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