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To: TigerLikesRooster

If my premise is true then Bush could further reform the oil futures market. He’s already ordered the SEC to forbid bidding on the same barrels of oil from multiple speculators. He could order that speculation require a larger percentage of the bid price up front. This would help offset OPEC which may cut production at its next meeting. It would also undercut dems complaining about speculators as long as the new rules don’t make the price plunge dramatically. Then driling would still be a hot topic but keep the economy humming.


15 posted on 08/22/2008 12:21:55 AM PDT by TheThinker (Capitalism is the natural result of a democratic government.)
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To: TheThinker
I am also leaning toward taking care of both fronts: drilling more and keeping down the bubble.
16 posted on 08/22/2008 12:28:29 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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