Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007 #535819-00021

Submission Number:
535819-00021
Commenter:
Robert Gould
State:
MD
Initiative Name:
Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007

It seems like the real manipulation in fuel cost is happening in the futures markets and not at the oil companies. Maybe if buyers of oil on the futures markets had to actually take physical possession of the oil could a deal be made. That would cut out people that are trading on paper only just to make money and drive up the price.