If they are allowed to do it, they can. It might annoy me and other drivers, but they are allowed. Also if you're such a safe driver, shouldn't cause any accidents.
Allowed? Look, I've done a lot of illegal things in my life thus far, and I have yet to see a law fly up and prevent me from doing any of it. I don't understand the mentality that others "allow" people to tell them what they are "allowed" to do.
It's called a petition. Usually speed limit change petitions are trying to lower the speed limit, for the safety of the residents within an area. Those who like to speed tend to not bother petitioning, as they think exactly as you do. That nothing will come from it.
Or we just live free and do what we want anyway...