Ban Oil Commodity Trading

Discussion in 'General Chat' started by geej, Mar 12, 2007.

  1. #1
    It's the speculative investment practices of crude oil commodity traders, that cause the spikes in crude oil prices and eventually prices of gasoline to go up.
    So why not ban open market commodity trading, stop allowing American's to invest in oil commodities completely.

    If people can't invest in it, then people won't speculate on the price going up and investment more, causing a spike in the commodity price.

    I think it's complete BS! That a minor few can butt rape the world and laugh about it.

    I don't think people should be allowed to keep profits, that are stemmed from mischevious market munipulation.

    The whole oil crap reminds me of Enron. How they called power plants and asked them to shut down, causing a energy crisis and quaderulaping the price of KW hour.

    The same crap seems to be going on with oil companies. They all seem to be in cahoots. They seem to figure out ways to shut down or reason to shut down, so they can give speculative investors reasons to invest to drive up oil commodity prices.
     
    geej, Mar 12, 2007 IP
  2. samantha pia

    samantha pia Prominent Member

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    #2
    no investment, no-one digging holes for oil.

    geez no oil, oil price rockets
     
    samantha pia, Mar 12, 2007 IP
  3. mistermix

    mistermix Active Member

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    #3
    Commodity trading is a good thing, and the markets are already 'open'.

    The price is going up because of supply is going down and demands is not. The type of trading or market used to sell oil will not change supply and demand.
     
    mistermix, Mar 12, 2007 IP