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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Kayaker who wrote (153386)10/2/2011 6:32:34 AM
From: elmatador2 Recommendations   of 206093
 
speculators may add $21 to $27 — or about 25% at current prices — to the price of a barrel of oil. “This legislation aims to ensure that prices at the pump better reflect the true supply and demand for oil — and not the activities of speculators,” he says.

Speculators Get a Break in New Rule

By GRETCHEN MORGENSON Published: September 24, 2011

A LOAF of whole wheat. A gallon of gasoline. A pair of Levi’s. Americans are paying more for many basic items this year, making tough economic times even tougher

nytimes.com
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