Tuesday, June 24, 2008

The Future Price of Oil

Can anyone explain to me the mechanism in which 'over-inflated' futures of oil is causing prices today to rise? 

Or how regulating the 'Enron loophole' would cause "[t]he price of retail gasoline would fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy futures markets."

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