Comment Text:
We urge you to support all legislation which will limit speculation in the oil markets. We have been in the retail fuel business since 1932 and it is becoming increasingly difficult to operate in these unstable pricing environments. We no longer operate in a supply/demand pricing market. These commodity markets were originally intended to help the wholesale market stabilize prices and profits. Today hedge funds speculate in the markets for investment profits. The family retail business and the customer are suffering.
Thank you for your help,
Nick Del Vecchio
President
Frank Bros Fuel Corp
Bay Shore, New York 11706
