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Comment for Proposed Rule 76 FR 4752

  • From: Ray
    Organization(s):

    Comment No: 49299
    Date: 9/27/2011

    Comment Text:

    Why are you still letting speculators drive the commodities -especially oil? With a tanked economy and 9% unemployment there is no way oil could be sustained at $80-$90 a barrel unless you are letting speculators drive the market. I thought Congress gave CFTC specific guidance to limit speculation so we could get our economy back on track, With oil and gas being sky high there is no way we can do that. You need to exercise more enforcement and stop the speculation that is driving our country into the dirt! Allowing speculators to support oil-producing terrorists with prime prices for their oil is un-American.

    Ray Ulrich
    Rockledge FL

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