Comment Text:
My name is Dawn Armstrong and I work a full time job and a part time job so I do a lot of driving. Both jobs are at least 15 miles from my house one way. The gas price increase has put a damper on my driving for other reasons besides work. My husband is an OTR truck driver and I would hate for him to have anything happen to his job because companies cannot afford transportation.
I urge you to curb excessive gambling in commodities markets like food and oil.
While many factors contribute to today’s highly volatile commodity prices, it is clear that excessive speculation is partially responsible, as shown in dozens of studies by respected institutions such as Princeton, MIT, Petersen Institute, University of London, Yale, the United Nations and the U.S. Senate.
Speculation thus imposes financial hardships on families around the country. Sudden rises in gas and food prices force us to make difficult decisions and sacrifices. Especially right now, with so many families struggling, and unemployment barely beginning to decrease, we cannot allow speculators to unduly affect our food and gas prices.
Please put in place effective position limits rules, and do not allow them to be undermined by exemptions or exceptions, or allow Wall Street gamblers to escape them.
Thank you for your consideration.
Dawn Armstrong
