Congress moves toward curbing oil speculation

Discussion in 'Wall St. News' started by Intrinsic, Jul 22, 2008.

  1. balda


    "...Democrats say much of the recent increases in oil prices are due to speculation and investment by people who have no intention of taking possession of the commodities...."

    How about cheep dollar and inflation?

    What about transportation companies that could hedge their position without need to take an actual delivery?

    This action is just to keep people quite until November.