You squeeze out speculators by SPOOKING them. Say “we’re drilling in ANWR, Bakkan, and all over the coastal shelf. We’re keeping tax incentives in place to all the big oil companies to develop domestic supplies. And we’re ending this ethanol crap.”
Boom. Instant drop in prices as speculators realize the game is over.
Very true. But we need to follow through on it. Drill here, drill now, pay less.
Vertical integration is the solution, not this drilling cargo cult.