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Comment for Proposed Rule 76 FR 4752

  • From:
    Organization(s):

    Comment No: 36525
    Date: 3/28/2011

    Comment Text:

    Dave Gruber
    P. O. Box 200
    Mason, MI 48854-0200


    March 28, 2011

    David Stawick
    Secretary, Commodity Futures Trading Commission Three Lafayette Centre
    1155 21st Street, NW
    Washington, DC 20581


    Dear Mr. Stawick:

    I could put the Coalition's message in here and it wouldn't mean anything to you. I will simply say I have been buying and managing gas for industrial customers since 1984 and the beginning of Order 436. To ignore the speculative elephant in the room is crimminal. Witness the $0.20 rise last Friday as evidence of speculation alone, much less the more blatant cases since 2000. How does a market that is swimming in natural gas move $0.20 in less than an hour. You know the right thing to do, just do it.
    Place the limits on the speculation and make the traders transparent.
    Thank you.

    Sincerely,


    David P. Gruber
    517-676-1666


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