Comment Text:
10-002
COMMENT
CL-07766
From:
Sent:
To:
Subject:
[email protected]
Friday, April 16, 2010 12:19 PM
secretary
Proposed Speculative Position Limits on Energy
Floyd Bowitz
2682 Viebrock Drive
Osceola, WI 54020-4042
April 16, 2010
David Stawick
Secretary, Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581
Dear Mr. Stawick:
I endorse this groups effort to address the oil speculators abilities to
manipulate this and other aspects of our energy supplies.
Whoever these investors are, they should not be allowed to influence these
markets as much as they do now. In my case I am concerned mostly about gas
at the pump prices. When pricing is detached from market supply and demand
forces then it is not true to a free market. The worst part is the huge
amount of moneys that are manipulated out of my pocket is also taken from
business that I do not spend that money with.
Please restrict this market from predatory marketing in the same light as
other banking/investment firms carelessness should be.
Sincerely,
Floyd Elroy Bowitz
715-755-3371