Administration Takes---Action?

Markets, gas prices, etc.

We may finally see a break in the oil price surge that is in part caused by reckless speculation on the COMEX in New York, an exchange that all commodity traders I know regard with loathing because it's run for the people on the floor and not the public. The Administration has finally decided to do something, probably expanded and ENFORCED position limits (number of contracts any single entity can trade) and perhaps demand transparency on hedged and speculative positions. This is significant because it may spread to the grain pits too.