What would be the economic effect of removing oil from the speculative markets?

By pcgumban | November 25, 2009
Jack L asked:


Does oil have to be a traded commodity? Could we remove it from trading and have some other pricing means? How would the US economy be affected? Global economy?

Sofia
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2 Comments

  1. king Henry
    Posted November 27, 2009 at 5:09 pm | Permalink

    The vertebral column of todays world without the vertebral column of living in world would be very different if we just imagine of big health and economy90 percent of living in world without the vertebral column of todays world and rich country.

  2. Alby
    Posted December 1, 2009 at 2:51 am | Permalink

    For speculation to have to have an answer would be the market.