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.
This type of rampant speculation, in all commodities, enriches the few at the expense of the many. Futures are being bought and sold for volumes of commodities that are way above that which can be expected to be produced, with no intention, or even ability, to deliver those commodities if the future is called when it becomes due. This is simply gambling with the American consumer paying for the losses.
Sincerely,
William Wilcox
William Wilcox
13200 W Newberry Rd Apt T114
Newberry
Newberry, FL 32669
