Will the US put a tighter leash on oil speculation?

14-Jan-2010 could be an important date in the airline cost battle, with the US Commodity Futures Trading Commission (CFTC) proposing to implement speculative position limits for futures and option contracts in certain energy commodities. The current Commodity Exchange Act gives the CFTC the authority to “establish limits on positions to diminish, eliminate or prevent excessive speculation causing sudden or unreasonable fluctuations in the price of a commodity, or unwarranted changes in the price of a commodity”.

Archives

DISCLAIMER: PrivateJetsCharter is not a part 135 air carrier and only acts as an agent to provide info on the best carrier available for charter. PrivateJetsCharter arranges flights on behalf of jet charter clients with FAR Part 135 air carriers that exercise full operational control of charter flights at all times. Flights will be operated by FAR Part 135 direct air carriers that have been certified to provide service for PrivateJetsCharter clients and that meet all FAA safety standards and additional safety standards established by PrivateJetsCharter.