House Passes Financial Reform Bill That Includes Oil-Trading Regulations
The floor of the House. (image: njp4wf.org) Last Friday, the House of Representatives passed a bill that could radically strengthen financial regulation. As the New York Times reported, legislation...
View ArticleAfternoon Price Check, May 21: Stock Markets Push Oil Prices Higher
Crude oil prices ended flat in choppy trading while heating oil prices rallied. (image: ft.com) Oil prices rebounded on Friday along with the stock market, even as uncertainty regarding Europe’s...
View ArticlePosition Limits Proponent Chilton Advocates from Inside of CFTC
CFTC Commissioner Bart Chilton is a consistent voice of support for imposing position limits as mechanisms to reign in volatile energy prices. (image: Commodity Futures Trading Commission via...
View ArticleMaine Congresswoman Calls for End to Crude Oil Speculation
Maine Congresswoman Chellie Pingree has boldly and somewhat overzealously called for an outright ban on oil speculation. (image: mpacampaignmaine.org) US Representative Chellie Pingree, Democrat from...
View ArticleSenators Demand Action To Implement Dodd-Frank Rules Amid Rising Oil Costs
CFTC chairman Gary Gensler is under mounting pressure to implement new rules in order to control speculators and reign in volatile spikes in the price of oil. (image: heatusa.com) A group of 17...
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