Comment Text:
10-002
COMMENT
CL-02152
From:
Sent:
To:
Subject:
[email protected]
Wednesday, April 14, 2010 7:54 PM
secretary
Proposed Speculative Position Limits on Energy
David Allwright
702 Wheat Valley Blvd
Venus, TX 76084-3154
April 14, 2010
David Stawick
Secretary, Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581
Dear Mr. Stawick:
As a concerned citizen and a firm believer in the critical nature of a
strong transportation infrastructure I am writing to voice my support for
the CFTC's Proposed Federal Speculative Position Limits. The proposed
rule will bring stability and predictability to the transportation sector,
enabling this highly capital intensive business sector to invest in the
future of the various US tranportation industries.
Whether this investment is in road, rail or air transportation it is
essential that future investment be made in a timely manner. The
corporations involved in the transportation sector will not invest in new
equipment and infrastructure if they cannot see a reasonable chance of
earning a return on their investment. Rampant and unrestricted
speculation in energy commodities will stifle investment in the
transportation sector to the detriment of every American.
I strongly support the proposed CFTC rule.
Sincerely,
David Allwright
817 774 8792
