Please select the category that most closely reflects your concern about this content,
so that we can review it and determine whether it violates Civility 101 or isn't
appropriate for some other reason.
Abusing this feature is also a violation of Civility 101.
Explanation:
As Americans watch their wallets empty as quickly as gas prices climb, we all search for answers. Some experts say the seemingly endless rise in gas prices is being driven largely by oil speculation, the practice of buying and trading oil futures -- in an attempt to predict the cost of oil at a later date. Should you blame speculation for your pain at the pump?
Biweekly updates on new debates and experts
Please check your email to confirm your subscription.
© 2008-2010 Opposing Views, Inc. All Rights Reserved.
Opposing Views, Inc. is not responsible for the content posted on this website. Please view full disclaimer under Terms
Speculative Activity on Exchanges is Managed by Position Limits
Are you kidding
Limits are governed and imposed primarily by different investment groups and their governing forces and therefore are irrelevent. Incrimental increases still abide by these limits and if all the goups or a great portion of them who hold large shares manipulate the market together the inherent increase is inevitable wile diminishing risk. Truth be told! To put it in lay terms. If I have 90% of a resource/good(or the peopele that controll 90% of that resource all agrees to act the same way) and no one else has a means to get it, I can dictate how much I get for that good/resource. Yea, I will not have controll of that 10% but realistically that 10% will hold out to get as much as they can too! We had laws in place that were repealed under the Clinton administration that stopped large investment banks from market manipulation such as this, but now the game has changed.
- proposition1MD
April 15, 2009 3:33PM
Reply to this Recommend
(0)
Side: Yes
Thank You for your Comment
We review all comments before they're posted. For more on our comment policy, please see our FAQ.