Forum Discussion
John_Joey
Oct 20, 2009Explorer
The rules were changed where you could buy and sell oil and not take possession of it. That simple change turned it into an investment vehicle for many fund managers. Has nothing to do with supply and demand.
Put the old rules back in place and you'll see oil at 40-60 a barrel. Of course some 401K's will take a mighty big hit.
Put the old rules back in place and you'll see oil at 40-60 a barrel. Of course some 401K's will take a mighty big hit.
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