Senator Seeks Price Info on Oil Market from CFTC

- June 10th, 2011

Reuters reports that Democratic Jeff Bingaman questioned the Commodity Futures Trading Commission over the issue of oil price volatility.

Reuters reports that Democratic Jeff Bingaman questioned the Commodity Futures Trading Commission over the issue of oil price volatility.

The market news is quoted as saying:

President Barack Obama has blamed speculators for driving gasoline prices higher, saying there was enough oil in world markets to meet demand. The administration created a working group of federal agencies to probe potential fraud in the energy markets. Several lawmakers have pushed the CFTC to act.

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4 responses to “Senator Seeks Price Info on Oil Market from CFTC

  1. Type your comment herDo not worry about the investors that have to sell a little of there gold holding they probably made a few mistakes but by no means do not stop BUYING BUYING GOLD will go to $5000 or more this world has never in the history of the earth been soooooooooo BROKE hard currency will be King always especially when me beeing a Proud Australian we are about to jump in to the Real Deep End with the emission trading Scams that this dopey Prim minister we have is about to introduce as if we do not have enough Debt GOD Bless Australia and America
    e.

  2. Type your comment herDo not worry about the investors that have to sell a little of there gold holding they probably made a few mistakes but by no means do not stop BUYING BUYING GOLD will go to $5000 or more this world has never in the history of the earth been soooooooooo BROKE hard currency will be King always especially when me beeing a Proud Australian we are about to jump in to the Real Deep End with the emission trading Scams that this dopey Prim minister we have is about to introduce as if we do not have enough Debt GOD Bless Australia and America
    e.

  3. Here at Bullion By Post based in the UK we’re
    seeing exceptionally strong demand for physical gold bullion from across Europe. Gold coins are proving to be extremely popular. We believe the recent price decrease is driven by short term technical factors relating to the increase in the dollar and not any reduction in demand. Our customers seem very confident that it is still a great time to add gold to their investment portfolios. http://www.bullionbypost.co.uk/

  4. Here at Bullion By Post based in the UK we’re
    seeing exceptionally strong demand for physical gold bullion from across Europe. Gold coins are proving to be extremely popular. We believe the recent price decrease is driven by short term technical factors relating to the increase in the dollar and not any reduction in demand. Our customers seem very confident that it is still a great time to add gold to their investment portfolios. http://www.bullionbypost.co.uk/

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