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Re: State of Economy Grounds for Price Controls on Gas and Diesel

Posted by SelkirkTMO on Mon Jun 1 15:58:35 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Chris R16/R2730 on Mon Jun 1 15:35:57 2009.

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The purpose of commodities trading was to ensure a market for the commodities and attempt to regulate pirce and availability. For those speculators, they CAN buy a tank farm, fill it up, and try to resell it. It's the speculators who trashed the market for oil, food, metals and other commodities and look at the disaster they created in all sectors last year. Nothing wrong with getting into the business of being a wholesaler ... plenty of money to be made that way, the RIGHT way, AND it will actually increase competition ... don't see a downside here.

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