lookit

Is Excessive Speculation in Oil and Commodities Markets Actually Occurring?

more BS from the pro-oil lobby. in the current recession (am sure the writer would argue there IS no recession) demand is down, supply is up - but prices are going up. Why? Because SPECULATORS "think" the economy will improve and demand will go up. Didn't we learn anything from the artificial manipulation of energy by that other stellar Houston brand Enron? Trading in oil and other commodities we all need to survive should be BANNED. Period. OR trading should be taxed to the point that profits are miniscule. The industry can not and WILL not police itself.