whatthey? Is that a new investment?
Seriously - the planet (and the US) has more than enough energy reserves for hundreds of years, even with no new types of energy development (bio fuels, wind, etc.). The issue is liberals/Marxists who are gunning all-out for domination at all costs.
The problem with oil futures speculation - it is contributing to, and actually giving claws to the marxists. The speculators are only too happy to see this nation destroyed if it bolsters their pocketbooks. But what happens when the demand crumbles because no-one can afford it any more - and the businesses in this country are gone? Then what happens? Oh - doesn’t matter, because by then, the speculators will have already pulled their profits out and will be happily dancing on the grave of the USA...
I’m sorry but you are in error. The vast majority of capital used for speculating is placed by capitalists.
Energy reserves have nothing to do with the spot price of energy or energy futures. Speculators inhibit price volatility over time. I like them very much, they are not villians. The villians are those inhibiting production in the USA and offshore. And even they aren’t hurting us that badly long term. Energy in the ground costs nothing to store and is quite safe there. It will be produced at a higher profit margin some day.