[atomic_dog]

Crude oil is sold on the world market. Exactly how can the US government regulate prices?

As the Saudi Oil Minister explained, and the US MSM ignored and no one understands anyway, about $20 per barrel is due to speculation on the futures market.
How can the US regulate this?
1.) Raise the margin requirement to 100%.
or
2.) Allow only physical delivery contracts.

[tx_eggman]

As the Saudi Oil Minister explained, and the US MSM ignored and no one understands anyway, about $20 per barrel is due to speculation on the futures market.

How can the US regulate this?

1.) Raise the margin requirement to 100%.

or

2.) Allow only physical delivery contracts.

Ding, ding, ding, ding ... we have a winner. Regulate the speculators by changing these two rules and the "oil futures" market moves off the casino floor back into reality ... and about 20% - 25% of the spot price will disappear in a month.

[iThinkBig]

Bingo, you and Sunny got it all right. Run for Congress as I am in the next election. We’ll all work 16 hours a day biting the *hit sandwiches, but we’ll fix it and then hold the crooks accountable.

[thackney]

How can the US regulate this?
1.) Raise the margin requirement to 100%.
or
2.) Allow only physical delivery contracts.

Oil is a global fungible commodity. After implementing the above, the future trading will just continue unchanged but no longer under any US control since it will be done in London, Tokyo, Singapore and Dubai.