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Reply #28: Everyone who "buys" oil just needs to prove that they have the storage [View All]

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SoCalDem

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-03-11 06:46 PM
Response to Original message

28. Everyone who "buys" oil just needs to prove that they have the storage

refining/distributing capacity for all the oil they "bid" on.

The FUTURES market where it all just gambling, is the problem we have here..

Wall Streeters pushing buttons on keyboards, driving the prices ever higher as they "win bets" along the way..:grr:

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