Great! Remove all liquidity from these markets. That'll fix things. Not.
These speculators “be they hedge funds or individuals” are the “bump and dump” clowns who are driving the oil prices up. I’m all for buy low and selling high or in this case buy high and sell higher. but something as simple as requiring the buyer however big or small to show that they can take possession of the crude for delivery to their storage tanks. It is a plan to help lower the oil prices and if Congress would get off their dead asses and quit listening to the leftist environmentalist and drill for new oil and build 10 new refineries this problem of high gas prices would go away. That is my plan, what’s yours?