|Received:||6/3/2008 11:59:30 AM|
|Agency:||Federal Trade Commission|
|Rule:||Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007|
Comments:It is time for Congress to pass legistlation to suspend the trading of oil in the market immediately. The price of oil is being manipulated by Big Money pumped into the market. The people responsible for this crime should be brought to justice. It only costs $12/barrell to produce oil. Government should regulate oil prices in US as they do in Saudi and other countries. Either the Congress can contiune allowing trading of oil in the Market and destroy our economy or take a brave step and SUSPEND THE TRADING OF OIL ON THE MARKETS. The hardworking people of the US are suffering because of this torture by oil in their daily lives.