Commodity Pricing Policy
Government Policy Affects Energy PricesWhen energy prices spike sharply, consumers suffer. New England Fuel Institute protects consumers by pursuing fair regulation of the commodities marketplace where contracts for energy products like Oilheat are bought and sold.
Our goal is to create a transparent marketplace that serves all energy users effectively by promoting fair trade among energy companies and investors. We lobby for laws and regulations that prevent financial speculators from using the energy markets as profit centers - at the expense of ordinary consumers.
Fair Commodity Regulations Benefit ConsumersCommodity trading affects you more than you might think. When speculators are free to control massive amounts of energy contracts, they can buy and sell at will and cause energy prices to soar and plunge, just like the Dow Jones Industrial Average and the NASDAQ.
New England Fuel Institute believes that the public is best served by a fair marketplace where speculation activities are kept in check. We believe that all trades should be reported publicly, so that regulators can review them for irregularities. We believe that speculators should be limited in how many energy contracts they can hold at one time, so they cannot manipulate the market and cause wild price swings that enrich them at consumers' expense.
Fair energy trading protects consumers from overpaying for energy and being subjected to excessive price swings. New England Fuel Institute will continue lobbying for these important consumer protections.