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