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

  • From: Wade Black
    Organization(s):
    Beckfield College

    Comment No: 42541
    Date: 5/5/2011

    Comment Text:

    Please look into Oil Speculators. IF the prices are based on consumtion then why are the prices going up.

    The Saudis keep announcing they are cutting production due to a glutton of oil not being used, tankers sitting off shore etc.

    If this is true, then consumption is down, so gas prices should either stablize or go down, but they are not, for what reason.

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