Comment Text:
Despite a clear directive from Congress to rein in excessive speculation, you seem to be listening more to Wall Street, and not acting quickly enough to protect American consumers. 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.
Do your job. Stop speculators from interfering with the price of food and energy, stop listening to Wall Street lobbyists, and impose meaningful position limits.
Sincerely,
Theodore Boydston
1804 Columbine Pl.
Sun City Center, FL 33573