In response to:

Are Speculators to Blame for High Gasoline Prices?

Stan Marsh's Grampa Wrote: Feb 23, 2013 3:15 AM
Speculators absolutely ARE to blame for spiking gas prices. They have infested the futures market to the point that it has decoupled from fundamentals like supply and demand. My answer is to throw a 35% tax on the sale of gas or oil futures by people other that the original producer. I would also consider limiting the market to principals that can actually take delivery of 1,000 barrels of gas or oil. There is no good reason to have a barrel of oil to be sold 38 times on the futures market before it is delivered. The market is overrun with non-principals creating artificial demand for the futures to the point that the market demand is not reflective of the actual demand for the gas or oil.
Colonialgirl Wrote: Feb 23, 2013 5:55 PM
An ignorant lefty troll spews its nonsense
ctruax Wrote: Feb 23, 2013 4:11 PM
If you actually learned how the commodities market worked you would realize how ridiculous your suggestions are. Buying a futures contract does not set the price of the commodity....the market does that. If the price rises above the price of your contract you make money, if it doesn't you loose money. Or you can short the market and make money if the price falls below your contract price.
True Conservative! Wrote: Feb 23, 2013 12:47 PM
Always a tax on someone, anyone as the leftist answer to all problems! If there was ample supply there would be no profit in speculating! Again, it's OUR leftist government that does more than any other factor to restrict supply!
Stan Marsh's Grampa Wrote: Feb 23, 2013 3:16 AM
Energy is the key to our prosperity, and too important to allow the market to be manipulated by speculation.
Dan107 Wrote: Feb 23, 2013 8:20 AM
The energy market is being manipulated by government interference and regulation.
Go build a refinery. See how long it takes? Why are over a 100 blends of gasoline mandated by law?
Pistol Wrote: Feb 23, 2013 8:27 AM
Actually, its way too important to allow the idiots in the EPA, PETA, and the WH to manipulate the production of energy sources.

Given a two-day plunge in crude futures, gasoline prices may have hit a temporary peak.

Nonetheless, consumers feel the pinch as pump prices have risen 34 straight days. For only the fifth time in history Gas prices topped $4 a gallon in District of Columbia.

Nationwide, the price of a gallon of regular gasoline climbed to $3.78 a gallon, up 47 cents in the past month, the AAA said.

In parts of California, Gasoline Prices...