What keeps the futures markets honest is the threat of delivery

Is it Oil Speculators?

By Dennis Avery —— Bio and Archives--April 23, 2012

Global Warming-Energy-Environment | Comments | Back To Full Article

Churchville, VA—President Obama stood in the Rose Garden and pledged to prosecute “oil speculators.” Bill O’Reilly goes on TV night after night and blames “speculators” for gas pump prices, while guest after guest tell him he’s wrong. My wife asks” “What’s an oil speculator?”

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