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Old 09-13-2008 | 02:22 PM
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HIFLYR
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Joined: Sep 2007
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From: 777 Captain in Training
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Originally Posted by rickair7777
Oil is a global commodity...if we impose artificial economics within our borders, the market will just move offshore.
Actually it worked in the past before this law change was enacted Commodity Futures Modernization Act of 2000 or CFMA by congress. Basically it removed over site and allowed anyone to trade energy futures. This is also called the Enron loophole. Look it up for your self.
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