Bill to curtail speculation stirs energy-market anxiety

07/18/2008 | NYTimes.com

Financial industry opposition to congressional efforts to curb speculation in the energy markets has focused on a bill introduced this week called the Stop Excessive Energy Speculation Act of 2008. The bill would empower regulators to govern swaps and limit hedges. The bill may be complicated by congressional action on offshore drilling and U.S. oil reserves, and by the presidential election.

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