Futures Trading Blog

granny_sp asked:


According to Michael Greenberger former director of commodities futures and speculation trading is the sole cause of all fuel cost being so high.

Can the President declare war on these perpetrators since they have crippled our economy?
If this is a fact. What does that make all those claiming for the last several years it is supply and demand, weather…?
Why does our government refuse to end the future and speculation, or at least provide the oversight and transparency that would put an immediate halt to this?

SCHOFF

shawnahg asked:


While they pontificate, and the economy teeters on the precipice of total collapse, due in large part to rising oil prices ($140 a barrel), our congressmen were preparing to depart for their summer break. By the time they return in August, this nation may very well be beyond the point of recovery — businesses bankrupt, jobs lost, and the number of Americans in food lines increased by tenfold, as the price at the pump climbs steadily higher.

JOST