If they truely want to hurt the speculators they should dump the whole of the National Reserve on the oil market in one day. Of course that’s a heck of a gamble to take.
The SPR is only capable of delivering 4.4 MMBPD.
Of course what do you would happen the day after the Strategic Reserve ran dry?
> dump the whole of the National Reserve on the oil market in one d...
That will make untold numbers of “speculators” very rich.
You can very easily short the market with futures, options, and index stocks, not to mention spiders and diamond funds - and make millions.
any investor worth a dime has his long positions countered with stop loss orders, and makes use of option puts, leaps, straddles, and stretches to cover his ass.