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http://www.stopoilspeculationnow.com..._Customers.pdf

Please, why should we beg Speculators to stop "speculating", I am tired of having to compensate for Airline managements pathetic job of running an airline. Either pass the cost of fuel on to the customer, or go out of business. Oh wait it doesn't matter cause like Fannie & Freddie, the government will step in and save a failing business.............

Get a grip.

This isn't about just the airlines, It's about food being too expensive to buy, people being unable to put fuel in their cars, or people who can't heat their homes. It's all about the greed of the speculators. It's wrong and should be illegal.

What??????????????????? The greed of speculators? haha its about THE GREED OF AMERICAN SOCIETY Look around how many huge houses do you see with BMW's and Lexus' in the driveway? Go to the mall and look at the $300.00 sunglasses people are buying.

I agree Wall ST is greedy, but Americans are greedy. We are the fattest, laziest nation around. Everyone wants wants wants. "WHY SHOULD I HAVE TO PAY $4.00/gallon to FILL MY ESCALADE and 7 Series.........." Its disgraceful


This country looks up to people that rape the average working man, much like speculators, CEO's make 300x what their employees do, and yet they are looked up to and admired on a daily basis. Its Capitalism, get used to it

For LORDS SAKE Brad Pitt and that hooker Angelina Jolie are getting paid $20,000,000.00 for their stupid kids pictures. That is a disgrace and sums up our country pretty well

Even if some kind legislative action or law does get passed here in the US, the oil companies and speculators will just go overseas... as does every US company that doesnt want to comply with our laws and regulations.

C'mon, we all know Americans have a problem with greed. But you gotta start somewhere. Total resignation won't do much at all. Baby steps..........:rolleyes:

Stop Oil Speculation Now: The Airlines Disgraceful Political Agenda by Paul Blair -- Capitalism Magazine

The speculators are only part of the problem....but they seem like the easiest to blame. The fact is that they're taking a gamble on future oil prices, and by investing in them they will either win or lose. That's the American way.

Well said. Ridiculous world we live in, huh?

While speculation in oil does send the price of oil a little bit higher, most economists agree that the impact is negligible. If we end speculation on oil then maybe the price drops a few dollars a barrel - no more.

You must remember that the price of oil is a function of supply and demand. In the last few years the demand for oil from countries like China and India has skyrocketed...and shows no sign of slowing down - while production of oil has increased at a much slower pace. Demand outstrips supply and the price goes up. Simple economics.

The only way to substantially reduce the price of oil is to substantially reduce the demand for it. Getting rid of speculators alone won't do much. Its easy to blame and vilify the people who are making money off hard times for others - but they are not the sole source of our current woes - we are a bigger part of it.

HEY! We're now the 2nd fattest country in the world. Australia just recently passed us.;)

The oil companies aren't the ones inflating the prices. It's the traders. 95% of oil traded is never delivered. Make it law that if you trade Oil you have to take delivery of that oil. We would have prices back to $60/barrel tomorrow.
Saudi Arabia has said that this oil crises is not because of India or China or low supply. They have even increased supply to prove it. The prices continued to climb. Proving that the speculators are to blame.
In the real estate market people would have to take possesson of the property before they flipped it. Make it law that the oil must be delivered if traded.
Think about what would this country be like with 50% unemployment? No Airlines, truckers, farmers, busses, cars...I'm not going to argue to you about the Escalade and Hummers etc...Because i agree with that. But this country is just too big to have diesel at $5/gallon. This economy will be doomed.

I agree that speculators are one of the major causes of such high per barrel prices but there isn't only one cause, just like its not soley supply vs. demand. Its higher demand with stagnant supply, very weak dollar worldwide (yes oil is traded in dollars. Iraq switched to Euros a while back but then went back to dollars), rampant speculation, massive instability in the oil producing nations, and last but not least good old fashioned fear. This problem is way too big to be naive enough to think one variable is the sole cause. The Saudis dumping an extra 200,000 barrels per day is like peeing into the ocean. Thats why it made no difference on prices.

don't forget supply
 

A previous poster said the only way to decrease the price is to reduce demand. This is not the only way. Supply can also be increased. Tell your legislators to end this stupid moratorium on any new US energy supply. We need drilling, nukes, and research in to alternate fuel sources. Lets start pumping what we have right here out of the ground, and get some new nuke plants going before gas hits $10 a gallon.

[quote=SAABaroowski;426102]What??????????????????? The greed of speculators? haha its about THE GREED OF AMERICAN SOCIETY Look around how many huge houses do you see with BMW's and Lexus' in the driveway? Go to the mall and look at the $300.00 sunglasses people are buying.

I agree Wall ST is greedy, but Americans are greedy. We are the fattest, laziest nation around. Everyone wants wants wants. "WHY SHOULD I HAVE TO PAY $4.00/gallon to FILL MY ESCALADE and 7 Series.........." Its disgraceful


This country looks up to people that rape the average working man, much like speculators, CEO's make 300x what their employees do, and yet they are looked up to and admired on a daily basis. Its Capitalism, get used to it

For LORDS SAKE Brad Pitt and that hooker Angelina Jolie are getting paid $20,000,000.00 for their stupid kids pictures. That is a disgrace and sums up our country pretty well[/quote]

I agree....how screwed up is that????????

I think I am going to start speculating in Beer. With the way things are going, everyone is going to need a drink.

great post

Wow, and in the hot climate, too. It hurts just to think about it. I need a beer. Oh cr@p, the price just went up!

[quote]For LORDS SAKE Brad Pitt and that hooker Angelina Jolie are getting paid $20,000,000.00 for their stupid kids pictures. That is a disgrace and sums up our country pretty well[/quote]

No kidding!

CFII2007 - I thinks me am madly in love with your avatar.:D

Oil speculators need to be......liquidated.

[quote=Careercfi;426287]She's already taken........:)

Mine too, well not taken but once that trigger is pulled...;)

[quote=cfii2007;426306]But there is space for rent in her head

[quote=Stryker;426388]Lots of space!!!!!!!!!!!

Wow, they could pay for both the kids' college (or rehab, whatever comes first) and still have enough left over to ADOPT EVERY KID IN UGANDA.