CFTC proposes oil-trade limits

Federal regulators on Thursday took a first step aimed at reining in oil speculation, proposing new limits on trading in energy futures by Wall Street firms and other market players.

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WASHINGTON — Reacting to the violent swings in oil prices in recent months, federal regulators announced on Tuesday that they were considering new restrictions on "speculative" traders in markets for oil, natural gas and other energy products.

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Reacting to swings in oil prices in recent months, federal regulators announced on Tuesday that they were considering trading restrictions on hedge funds and other "speculative" traders in markets for oil, natural gas and other energy products.

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It is disconcerting to form the impression that CNN may be aiding treasonous oil speculators in gouging the American people by running a Reuters report that reveals a 30 percent escalation in oil prices without making a serious case of market manipulation being the underpinning c …

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The energy speculators are presently giving President Barack Obama insurance that his alternative energy program will pass because these speculators are doing an excellent job of reincarnating the American people's disdain for last year's financial gouging.

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One of the most inexplicable economic events of the past year involved the doubling of the price of oil last spring and summer from $69 a barrel to nearly $150 -- driving gasoline and heating oil costs through the roof -- followed by its even more rapid collapse this fall to unde …

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Goldman Sachs , Morgan Stanley, Peter Sutherland, BP, the oil companies, when it comes to the movement of big money, they are all very interwoven into "one". I read that Morgan Stanley purchases and sells large volumns of oil. ...... to airlines and others .

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Crude oil prices plunged again today, falling below $91 a barrel at one point this morning as traders and investors worried about lower oil demand from a weakened economy and the prospect that troubled financial firms would curtail oil trading or liquidate positions.

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The issue gained momentum during the just-concluded Republican convention where — amid delegate chants of "drill baby drill" — GOP presidential nominee Sen.

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WASHINGTON (AP) -- Four Democratic senators on Thursday asked for an investigation into a government report on oil prices that the lawmakers said was based on flawed information.

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It's no surprise, then, that the High-Priced-Energy Party has focused on finding a scapegoat for the rapid rise in prices. The culprits? For starters, greedy Wall Street speculators.

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Senate proposes bill to regulate oil speculating

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In an open letter to all airline customers, CEOs from 12 of the nation's airlines said lawmakers must curb excessive speculation to scale back record fuel costs.

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We Can Help Lower Gas Prices

This was sent to me today to my frequent flyer accounts. We all need to spread this around. An open letter to all airline customers:

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Now that there are four major oil companies in the world, drilling has practically stopped. This is one of the reasons for the lack of supplies. Yet, according to the article, there is plenty of oil under the ground.

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"Lawmakers continue to blame large investors for their role in propping up oil prices, pointing out Monday that speculation in crude futures has nearly doubled since 2000.

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Obama moves to defrock the oil speculators

The June 23, 2008 Washington Post reports, "The presumptive Democratic presidential nominee laid out a four-step program that would, among other things, close an 'Enron loophole' that protects some trading in energy futures from federal oversight, his advisers said."

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Overpriced oil has become an embarrassment for the US Government. It is ludicrous to think that America and the Western nations are permitting a bunch of oil speculators to hold the world economy hostage to their billion dollar enrichment schemes to bamboozle the global economy.

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