Bull$hit, you can stop oil futures trading with a stroke of the pen...Speculation may well be what drives the market,
and I agree, it IS THE MARKET. But the market IS NOT ALL OF AMERICA. Stay out of things that crush families
in whimsical fashion, go trade pork bellies and orange juice. Speculation won't change, just what's illegal to play with.
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After thinking about it more, I realize that buying oil in general is speculating, because you secure supplies
and contracts in advance. BUT you do not have to have traders in expensive ties who buy and sell but
never touch involved. Let's leave pricing to the people ho actually know and understand the effects of
world events on the price of a barrel of oil. Wide swings anytime an arab farts are the fault of commodities
speculators out for an exiting buck, not people who make a living trading oil from the patch to the consumer.
I mean I GUESS, what do I know.
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