donzoab

Energy Regulation Weighs on U.S. Exchanges

The piece you overlook is all the event driven pressure from hedgefunds colluding against a particular market.
When multiple funds conspire to push in one direction, efficient markets collapse. Just look at what happened to the financial services industry as a result of all the short activity.
supply and demand does not always work in the short term when these aggressive large players get together. This unethical behavior is what should be regulated/prosecuted.