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FUEL COSTS * USA - ATA Backs Oil-Market Investigation
Arlington,VA,USA -The Wall Street Journal/ Transport Topics -4 June 2008: -- American Trucking Associations said Wednesday that it supports the U.S. Commodity Futures Trading Commission for taking steps toward increasing transparency of the energy futures markets... The CFTC disclosed a sweeping probe into U.S. oil-market trading last week, saying it was expanding its surveillance of energy markets, reported... The regulatory body also said it will improve oversight of the energy futures market by expanding the amount and quality of information received from energy traders... ATA said "could help burst the bubble that has formed in the petroleum markets.”...
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