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Comment for Proposed Rule 76 FR 4752

  • From: herb newmanpersonal
    Organization(s):

    Comment No: 49283
    Date: 9/27/2011

    Comment Text:

    Senator Nelson writes:



    “Despite a clear directive from Congress to rein in excessive speculation, our watchdogs in Washington seem to be listening more to Wall Street, and not acting quickly enough to protect American consumers. Consider: On any given day about half of the oil futures contracts are bought and sold by traders, not companies that use oil, like airlines and power companies. And the sky’s the limit when it comes to how much of the market traders can control.”





    STOP THE SPECULATION IN OIL FUTURES!



    You are killing the economy with the continued speculation in the oil markets. This has been going on for years and you have ignored the problem Your policies has needlessly cost the American consumer hundreds of millions of dollars and must be stopped.



    Man up and do the right thing for the American people.







    Herb Newman, P.E. CPMP

    LEED AP Building Design and Construction

    ASHRAE Certified Building Commissioning Professional

    316 Glen Burnie

    Temple Terrace, Florida 33617

    813-985-1028 office

    813-244-5702 cell

    [email protected]





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