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Comment for General CFTC Net Position Changes Data Reports

  • From: John Olin
    Organization(s):
    consumer

    Comment No: 48246
    Date: 9/27/2011

    Comment Text:

    What is the purpose of allowing traders to run up the price of Oil? Can you tell me how the average person in america benefits from the trade of oil futures? I understand we live in a country that allows great freedom, and as such people are allowed to do things that are not always to the benefit of the majority. Still they are not usually allowed to do harm either. Like it is not acceptable to yell fire in a crowded theater, it should not be acceptable to force the price of commodities to a point that causes the economy great harm either.


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