To: President Donald Trump
Control the price of Crude Oil, Gasoline and Diesel Fuels
Mr. President: Please issue an executive order directing the Securities and Exchange Commission to require all Commodity Market participants show proof they are capable of taking delivery of the commodity they are bidding on. Those that bid who have not offered valid proof are to be subject to securities fraud investigation and prosecution.
Why is this important?
Commodity market speculation is driving the price of fuel through the roof. We are paying the highest sustained price for gasoline and diesel fuel in history. These prices are killing the economy and are, for all practical purposes, a tax being paid to Big Oil, primarily by the poor and middle class, two groups who can least afford it during these hard times. Commodity market speculation is a major component of these sky high prices that can and should be regulated!!!