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Comment for Proposed Rule 75 FR 67258

  • From: John G Waycaster Jr
    Organization(s):
    Myself

    Comment No: 50464
    Date: 5/9/2011

    Comment Text:

    This is just insane. The oil producing countries are saying the market is saturated with oil and yet we hear everyday something is happening in the world to cause oil prices to go up but overall oil inventories are not significantly dropping. Also when oil prices were at record highs between $140-$150 a barrel we were paying $4 a gallon for gas. Here we are a couple years later with oil between $100 and $110 a barrel and a gallon of gas is around $4 a gallon. That is a flipping joke! Everyday we here of new excuses for oil to go up. If someone in Saudi Arabia farts the wrong way then the oil prices go up. LETS GET THIS UNDER CONTROL BEFORE WE END UP RIGHT BACK IN A RECESSION!

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