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View Diary: The Gas Price Mechanism that makes their Free Market go round (19 comments)

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  •  Bernie Sanders (I-Vt) has a reltively new bill (2+ / 0-)
    Recommended by:
    jamess, Karl Rover

    S. 1200: End Excessive Oil Speculation Now Act of 2011 - 112th Congress: 2011-2012

    Status: Last Updated: Feb 14, 2012 12:04PM]
    - emphasis added
    It seems like most agree on two ways to limit speculation:The oil market regulator, Commodities Futures Trading Commission can impose what's called position limits, which limits the size of the bets that speculators can make and/or change margin requirements.

    Why can't there be another way as you suggest here?:

    It used to be to trade Futures Contracts on a barrel of Oil, you had to agree to the delivery of that barrel Oil at some "future" date.
    Great message jamess ..take it to the gamblers @ wall street, where the focus belongs - #occuppy needs this information you've brought - hope you don't mind but I'm sharing this
    •  thanks Eric (1+ / 0-)
      Recommended by:
      Eric Nelson

      for the good news, that is very recent.

      That's great to see.

      Sure, as always share the info in my posts, far and wide.

      I appreciate the support, and the help.

      What is necessary to change a person is to change his awareness of himself.
      -- Maslow ...... my list.

      by jamess on Fri Feb 24, 2012 at 02:16:19 PM PST

      [ Parent ]

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