Comments on: U.S. Moves to Shed Light on "Dark Markets"

CBS News Investigates: Government May Set Limits on Oil Speculators and Improve Transparency

[ubrew12]

darthcheney345 said: "please explain why the Dow reached its all time high of 14,000 on Bush's watch."

That is why its called a 'bubble economy'. It's not real. Many economists were saying so, but you didn't get the memo, did you? Blame Greenspan, if you can find him.

[cyberus-2009]

If they were to require that they take delivery of the contract before re-selling the commodity IMHO that would take the wind out of the speculators sails

[tautomer]

It would also take liquidity out of the market! LOL

[ubrew12]

They should slip. Obama is just Bush-lite: his policies mirror Bush's in almost every particular. Take healthcare: HE is the defender of the status quo, despite the fact that REAL leftists promote single-payer, for the simple fact that it's worked so VERY well for every one of our capitalist trading partners for over 30 years! Take war: Obama really hasn't done that much differently from Bush. Take the economy: Bush sought to protect Goldman Sachs and the other WallStreet barons from the catastrophe they created, and has Obama done ANYTHING other than to complete what Bush created there?

And Obama pays lip-service to Global Warming. Its a serious problem that those of us on the left TAKE seriously, but the solution Obama is promoting is little more than a give-away to the Coal industry and other polluters.

[ubrew12]

Well I totally agree on Goldman Sucks and Morgan, but the engineer in me understands that windmills and solar panels ARE going to bring oil prices down (but I hope carbon taxes will keep them inflated). We can't afford oil anymore for a multitude of reasons, but we CAN afford (barely) to move past oil into numerous alternative energy schemes (with some nuclear backup) to break the back of those who continually trade AGAINST us (Sachs and JP Morgan). And I think the best solution is to tax the sh*t out of those Wall Street barons and spend in on alternative energy schemes. Face it, no one owns more of Sachs and Morgan than the oil-rich Texans and Saudis, who don't give a DAM** about the rest of America, or the world.

[speakinup22]

I don't know erasmus111. More and more people are starting to think Obama is messing up. His poll numbers are slipping fast, according to the Wall Street Journal's article quoting Gallup and rassmussen

http://online.wsj.com/article/SB123690358175013837.html


Slip sliddin away - yup - he's got one foot on the ole banana piel suh!

[speakinup22]

You mean like the folks that put money into drug research ?

Or, how about the folks that put money into alternative energy ?

So, gasoline is at almost $3 a barrel, and oil is only selling for $60 a barrel. Is Barry making his oil friends rich. I mean you stupid libs were saying that is what Dubya did - so Barry must be too, Right ?

Grow a brain liberal - get a job.

[whitemale08]

Most of you partisan idiots still scapegoat Hugo Chavez or Achmedinijad like your master Druggie Limbuagh and junkyard dog Sean Hannity tells you to do.

Instead of blaming Goldman Sucks and JP Morgan, which pays for the advirtisement that funds Druggie Limbaughs mulit-million dollar salary, the bankers get the American sucker to blame Hugo Chavez and bail out their worthless derivatives and credit-default swaps so they can keep looting you.

And if Obama believes that silly windmills and solar panels are going to bring down oil prices you're suckers again.

THE AMERICAN SUCKER FOR GOLDMAN SUCKS AND JP MORGAN...YOU GOTTAL LOVE 'EM!

[ubrew12]

Well I totally agree on Goldman Sucks and Morgan, but the engineer in me understands that windmills and solar panels ARE going to bring oil prices down (but I hope carbon taxes will keep them inflated). We can't afford oil anymore for a multitude of reasons, but we CAN afford (barely) to move past oil into numerous alternative energy schemes (with some nuclear backup) to break the back of those who continually trade AGAINST us (Sachs and JP Morgan). And I think the best solution is to tax the sh*t out of those Wall Street barons and spend in on alternative energy schemes. Face it, no one owns more of Sachs and Morgan than the oil-rich Texans and Saudis, who don't give a DAM** about the rest of America, or the world.

[erasmus111]

by shazmispanks2 July 8, 2009 6:43 PM PDT
....Thanks to the devouted canadians for opening up your eyes ....


Hahahaha, are you patting yourself on the back?

[major-domo]

Oh so true! Depleted oil fields in the US take more time and effort to pull oil out. So if it costs more to extract the oil than the cost per barrel, it'll just sit there. Same is true about those offshore drilling site the repuglicans are so eager to exploit. The price per barrel has to be enough to offset the costs and pay out a profit for stakeholders - they're not going to do it for free.

[artorus]

Where's your energy plan Obama? Even nuclear is looking pretty good at this point.