Comment Text:
I urge significant restraints on commodity trading, especially for such basic human needs as liquid fuels. Without real restriction, such as forcing a percentage of Physical Ownership of the speculated commodity, we are subject to wide, violent fluctuations in value with the real possibility of a super spike.
As an alternative fuel distributor I must price my product relative to conventional fuels. This leads to the discouragement of consumption as my prices are forced upwards. This is the exact opposite of the stated goals of introducing more alternative fuels into the marketplace.
Forcing speculators to take physical ownership of a moderate percentage of a commodity would normalize the market and provide significant buffering of price shocks.
Thank you for your consideration
