Tuesday, May 27, 2008

US senator urges CFTC to 'dig deeper' into role of speculators

US Senator Jeff Bingaman, the New Mexico Democrat who is chairman of the
Senate Committee on Energy and Natural Resources, urged the US Commodity
Futures Trading Commission Tuesday to "dig deeper" into the role of
speculators, which lawmakers contend have pushed energy and agricultural
futures prices to record highs this year.

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