JJason, You have no clue about why we have energy problems. Speculation is not the core issue, not even close. Quit wasting our time with your repetitive know-nothing posts. I have an idea, why don't you do some research on other sites about the peak oil problem? You won't find much about speculation being the problem. Even if the US government did "something" about it, guess what, there are other commodity exchanges to trade on other than Nymex.
While I would always like to buy at the bottom and sell at the top, no one can do that. But, I don't let this downturn bother me too much as I know where it is going...up.
Betting On Oil? Pay Close Attention To The Facts [View article]
I also enjoy the people who really believe the problem is the oil companies. Right....The problem is too much demand and not enough supply...wait till and China and rest of the world really get going and really try to be like us...We need to get off of oil...NOW...but, as usual, it will take a complete crisis to move us...Maybe this is the start...it better be, or be prepared for higher prices, resource wars, and all the other nastiness...
What Happened to Peak Oil? [View article]
You have no clue about why we have energy problems. Speculation is not the core issue, not even close. Quit wasting our time with your repetitive know-nothing posts.
I have an idea, why don't you do some research on other sites about the peak oil problem?
You won't find much about speculation being the problem. Even if the US government did "something" about it, guess what, there are other commodity exchanges to trade on other than Nymex.
Crude Oil Finding a Bottom? The Great China-Olympics Canard [View article]
Energy Sector Declines [View article]
Betting On Oil? Pay Close Attention To The Facts [View article]