HIGH GASOLINE PRICES

High gasoline prices

High gasoline prices

Market Oversight Staff, U.S. Federal Energy Regulatory Commission (FERC), 2008.

The volume of financial trading dwarfs physical trading regarding financial markets as energy market participants, the prices of futures, swaps and other financial instruments are now used by physical markets to form price indexes.

U.S. CFTC Staff, Report on Commodity Swap Dealers & Index Traders with Commission Recommendations (September 2008).

CFTC found that the net notional value of index investment was $200 Billion, with crude oil at $51 Billion. The report shined more light on the role of the swap dealer who bridges ...