Comment Text:
To whom it may concern:
I am writing you to demand that you impose and enforce the Wall Street Reform Act and the Dodd-Frank Rules in order to reduce the cost of gasoline and energy for average American consumers like me. I am calling on you to regulate the speculation of oil futures and to in doing so reduce the price of energy for the American people.
Speculation adds no value, provides no service, creates no product, adds no jobs and does not boost the economy. What speculation in commodities DOES do is increase instability in markets, create the appearance of supply shortages, impose completely unnecessary economic burdens on consumers and fatten the wallets of the speculators. Speculation in energy markets creates economic hardship, but speculation in food markets can also create life-and-death hardship across the globe for the most vulnerable. Please do all you can to eliminate all types of commodities speculation, excepting traditional methods that ensure the smooth functioning of the markets.
Sincerely,
Gae Weber
364 11th Street
364 11th Street
Atlantic Beach, FL 32233
