why the government does not impose on the SEC to halt all futures trading on fuel.. it’s the base element that moves nations, it should not be left to speculators,.. the government should set a fuel consortium up for each country, and let them deal with volume and distribution.. not speculators who are greed masters, who have not regard for society.. they only care to be driven by their greeds that is destroying nations. each country has demand that can manage the cost and price of fuel.. but when they turned it over to greed masters it has become a society destroying model.. just like they did with the Dot coms, and just like they did with the RE markets..
fuel and it’s derivatives never should be on the open commodities markets, nations busy enough, and nations should buy and sell to the oil companies .. not.. speculators.. then the right taxation will be applied and the right governance and controls will be in place.. but this madness of oil companies making 11 billion profit in 3 months is indicator enough that this needs regulation..
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