Comment Text:
When is the CFTC going to act on the speculation in the Oil trading markets.
As I understand it the President signed the bill authorizing you to do this almost a year ago.
The price of gasoline is one of the most critical commodities affecting almost everything we do.
Highly leveraged traders and hedge funds are trading and controlling the price of oil rather users and producers.
Why don't you raise margin requirements to stop some of the highly leveraged traders from forcing up the price.
If our Government has opened the Strategic Oil Reserves you can at least do your part and raise the margin requirements as was done with silver and gold.
Some times you have to do what is right in spite of what the lobbyists want you to do.
