Comment Text:
My name is Ericka Novaski, I typically drive 30 minutes to and from work every day in rush hour traffic, and my family feels the effects of every increase in the price of gas. I also try to feed my family healthy foods like organic fruits and vegetables but with the gas increases, the cost of food is also increasing! It's a crime when I can't even purchase fresh produce because the cost is so high!
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.
