sikarskie

Not Calling Crude Oil Prices a Bubble For Now

When OPEC and other cartels state that their fundamentals for oil are 50-70bbl and you can manipulate 1,000,000.00 of oil for 50,000. THAT SAYS IT ALL!!!!!!!!!!!!!! Ned to have 50% margin requirements on the oil and gas markets so the true price is reflected to the consumers..WHY you ask....people heat their homes with this and false market runup will be responsible for tens of thousand of deaths in the cold weather..cause pneumonia and other symptoms because their was no heat.. THAT IS WHY WE NEED SPECIAL ATTENTION TO THE COMMODITY MARKET..MY opinon on this is why they broke up the oil comapanies 70 years ago and put in place the anti-trust laws..but the last 8 years you had the RNC ignore the anti-trust laws, and the attorney General stand by and let many significan violations go unchecked in many big industries...crating a huge mess now