Brown calls for crackdown on oil and gas speculation

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Brown calls for crackdown on oil and gas speculation

Dayton Daily News — As gas prices climb higher, U.S. Sen. Sherrod Brown is calling on the Obama Administration to exercise a provision in the new Wall Street reform law to crack down on speculators who may be driving prices higher at the pump.

Brown, a Democrat, sent a letter Jan. 20 to the chairman of the Commodity Futures Trading Commission that outlines the senator’s concern about speculative bets on oil exchanges are driving up consumer costs.

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