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Regulators Propose Limits on Energy Commodity Speculation

HeadlineJan 15, 2010

And federal regulators have unveiled proposals to impose limits on speculation in oil and other energy commodities. On Thursday, the Commodity Futures Trading Commission called for limiting how financial speculators trade energy commodities to ensure they don’t help inflate prices. Under the Bush administration, the CFTC rejected speculation as a cause of rising oil prices and instead blamed supply and demand.

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