Oil more important than property rights.

[belindaB]

Gas prices are currently on the upswing and prices are feared to hit $5 per gallon by summer. In response, according to the Los Angeles Times, a group of 70 lawmakers in the United States Congress sent a letter to the CFTC, asking them to enact the “position limits,” or the maximum allotted number of futures or options contracts an investor can hold for a commodity that were supposed to have been implemented already.

I would really say that Oil is more important than any property rights. We should think first of our people who suffers from increase in oil price.

[FuzzyLumpkins]

Gas prices are currently on the upswing and prices are feared to hit $5 per gallon by summer. In response, according to the Los Angeles Times, a group of 70 lawmakers in the United States Congress sent a letter to the CFTC, asking them to enact the “position limits,” or the maximum allotted number of futures or options contracts an investor can hold for a commodity that were supposed to have been implemented already.

I would really say that Oil is more important than any property rights. We should think first of our people who suffers from increase in oil price.

In the context of futures tradings as being property I agree with you completely. i just worry about the other not so spurious things defined as property like land.

[Wild Cobra]

Gas prices are currently on the upswing and prices are feared to hit $5 per gallon by summer. In response, according to the Los Angeles Times, a group of 70 lawmakers in the United States Congress sent a letter to the CFTC, asking them to enact the “position limits,” or the maximum allotted number of futures or options contracts an investor can hold for a commodity that were supposed to have been implemented already.

I would really say that Oil is more important than any property rights. We should think first of our people who suffers from increase in oil price.

So...

You are another Marxist, huh?

[coyotes_geek]

In response, according to the Los Angeles Times, a group of 70 lawmakers in the United States Congress sent a letter to the CFTC, asking them to enact the “position limits,” or the maximum allotted number of futures or options contracts an investor can hold for a commodity that were supposed to have been implemented already.

Congress just blowing smoke. People get upset about high gas prices, congress offers up some sound bites to "show that they care". In the end though congress isn't going to do anything because there's nothing they can do. It's a global market and in the internet age we live in foreign commodities markets are just a mouse click away. Run speculators off from U.S. markets and they just end up on foreign markets doing the same thing.

[FuzzyLumpkins]

Senate Dems quashed XL again.

http://hosted.ap.org/dynamic/stories...03-08-16-46-08