A good deal of the price is due to speculation. – Current Events – HabitableZone

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Current Events » in reply to Do you think there is an oil bubble?

A good deal of the price is due to speculation.

Lee — 3/6/2008 9:00:57 PM (archived)

If they passed some regulations so that only people who use oil could trade in it, then that would deflate the price a great deal, IMO.

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The whole thread (16 posts)

Who was President in 1985, what was the fiscal policy? - Bowser - 3/6/2008 4:01:00 PM
- The curve - TB - 3/6/2008 4:56:20 PM
  - The Physics of Politics - Bowser - 3/6/2008 5:50:44 PM
  - The Physics of Politics - Bowser - 3/6/2008 5:50:18 PM
    - Uh...okay. - TB - 3/6/2008 5:58:39 PM
      - re: Uh...okay. - Hans - 3/7/2008 12:29:03 AM
  - Housing WAYYYY Overpriced and Bubble BUST - carl - 3/6/2008 5:18:16 PM
    - Speculators ruin everything. - Lee - 3/6/2008 6:57:17 PM
      - re: Speculators ruin everything. - Hans - 3/7/2008 12:30:41 AM
      - Do you think there is an oil bubble? - TAFKASE - 3/6/2008 7:40:51 PM
        
        re: Do you think there is an oil bubble? - Jim - 3/12/2008 4:03:04 PM
        
        re: Do you think there is an oil bubble? - Rainbo - 3/12/2008 9:35:01 PM
        
        A good deal of the price is due to speculation. - Lee - 3/6/2008 9:00:57 PM
        
        Sort of. - TB - 3/6/2008 8:48:59 PM
        
        Today 3/6/2008 we blew through the old (inflation adjusted) high from Dec 1979... - TAFKASE - 3/6/2008 9:14:43 PM
        
        NOT OIL, Energy - carl - 3/6/2008 8:46:07 PM

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