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Comment for General CFTC Public Roundtable Discussion on Dodd-Frank Implementation

  • From: Cara Ewert
    Organization(s):

    Comment No: 42509
    Date: 5/5/2011

    Comment Text:

    I would like to urge you to put tougher regulations on oil speculators. The rising cost of gas is hurting an economy that is still trying to recover from the recession. With oil companies reporting record profits of $11B plus for the first quarter, and the layman struggling to put gas in the tank so they can keep a job that only pays $8 an hour, the entire country is in an uproar. The decision is getting to be as tough as it was 3 years ago on whether you buy food, medication, or gas. Food and clothing costs are soaring due to rising fuel costs and I am struggling to keep a growing 7 year old in clothes that fit him. I can't afford to pay high prices and still keep food on the table or gas in the car so that I can go do work, let alone keep a roof over our heads and heat and electricity going. I don't have the option of working from home or public transportation, my job is 20 miles from my home so I can't even walk or ride a bike to help curb expenses. I realize that a company is in business to make a profit but when they are pricing the commodity so that nobody can afford to pay for it, they are going to be hurting in the long run too.

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