Retail trading site says specs aren't to blame

The retail investment website, The Montley Fool, makes the case that speculation isn't to blame for high energy prices:

Oil speculation is back in the political spotlight again, and with oil back at more than $100 a barrel after a short reprieve, it's sure to stay there. As usual, when oil rises Congress and the president take the opportunity to blame the nameless, faceless "speculators" that trade oil...

  • Speculators Aren't to Blame for Energy Prices
Comments

eNewsletter Signup

Get the latest news and timely trading strategies for stock, options, forex, commodity, and financial derivatives markets with Futures' Daily Market Focus - FREE!