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Old 03-12-2008, 08:30 AM   #39
Mike295
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its about speculatin its all being traded on speculation and it is not regulated at all. they are actually trading on a 5% margin and they never take delivery.. put a rule in that if you trade X amount of barrales per month you must take physical delivery of x ammount of barrals.. watch and see how oil prices plumet.

my old neighbor used to trade oil (way back in the day) but basicly said that ships are filled with oil they go out to sea and change ports of delivery 5 -10 times before they offload. I can only imagine how it is now adays...
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Last edited by Mike295; 03-12-2008 at 08:33 AM..
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