THE AMERICAN JOURNAL

In reversal, federal regulators now propose to limit oil and gas commodities

 By Zachary A. Goldfarb

Washington Post Staff Writer
Friday, January 15, 2010 

With the price of gas at the pump at its highest point in well over a year, federal regulators moved Thursday to prevent excessive speculation by financial traders from driving the cost of oil even higher. The effort to adopt new limits on the trading of oil and other energy commodities is a sharp reversal after years when regulators left those markets alone

Read more: Washington Post

January 15, 2010 Posted by | Uncategorized | , , , | Leave a comment