Sep 12, 2010
It's something they do just about all the time, and Big Oil, the Refiners and OPEC are the biggest speculators of all, and some of their greedy wealthy friends. When the politicians talk about cutting them off or putting an end to the speculators, it's not them they're talking about, it the little guy like you or me that might buy one or three or possibly as many as 10 contracts. That's nothing compared to the dozens and hundreds they literally buy every year. As it is, it should be down still, especially with the surplus over the last year.