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Oil Bear Markets

From $147 to $57 in a couple months. And the traffic I drive in hasn't changed much. By definition, the futures markets determine the spot prices for non-perishable commodities. It seems our economy is being made a yo-yo buy casino gamblers in the futures markets.

This needs to be changed. Companies in the business need futures. Miners can know they will survive if they can lock in a certain price. Airlines know they can't make money by paying too much for oil, so they buy futures when oil is low (at least Southwest did years ago).

Somebody has to take the other side of these transactions. But who? Not every billion $ hedge fund, flush with the $ of multimillionaire Corporate executive thieves.

I don't have the solution, but I know the problem. Somebody think of an answer.