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August 15, 2008
Rising Energy Prices: Supply, Demand and Controlling "Excessive Speculation"
While most observers recognize that the fundamentals of supply and demand have contributed to record energy prices in 2008, many also believe that the price of oil and other commodities includes a "speculative premium." The Commodity Futures Trading Commission, however, has not found evidence that anyone is manipulating prices. Speculation and Energy Prices: Legislative Responses by the Congressional Research Service examines the issue and summarizes the various legislative initiatives for controlling excessive speculation. [RJ]
August 15, 2008 in Gov Docs | Permalink
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