Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

MarkCharles

(2,261 posts)
2. Exactly right! And so concisely said!
Mon Feb 27, 2012, 09:02 AM
Feb 2012

Chris Hayes had two people on his show on Sunday morning explaining this very issue, and the reasons behind the increased price of gasoline, due largely to speculation like this. Surprisingly 1/3 of all these speculators are big banks, who should be kept out of the market, and would be if Dodd/Frank were properly implemented, but, of course, Republicans and banks are still fighting about the final regulations.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Issue Forums»Economy»How to be an oil futures ...»Reply #2