This is a seriously flawed approach. This would leave control of energy prices in the hands of a few huge companies and several less than trustworthy government entities. Not what I would call a good idea. Now requiring that they HOLD their purchases in energy for a minimum of 6 months? That would slow things down quite a bit. They would make sure they weren't paying more than it was truly worth for fear of getting stuck with it.
This is a seriously flawed approach. This would leave control of energy prices in the hands of a few huge companies and several less than trustworthy government entities.
I don’t see any good for the consumers coming from speculation. Trading back and forth by producers and processors can stabilize prices, but what good does allowing speculators running up prices do?