tag:blogger.com,1999:blog-13075276.post5637765318087170268..comments2023-06-18T10:13:56.103-04:00Comments on Life Hiker's Trail Diary: Can We Curb Oil Speculators? Perhaps Not.Life Hikerhttp://www.blogger.com/profile/00183254858386081439noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13075276.post-64545526474959260342008-07-05T10:01:00.000-04:002008-07-05T10:01:00.000-04:00The way I see it, speculators are kind of like tic...The way I see it, speculators are kind of like ticket scalpers: a parasitic group who have weaseled their way in between the seller and consumer, serve no useful purpose, and siphon off money they are not entitled to.<BR/><BR/>Surely we can come up with a way to eliminate them that doesn't interfere with supply and demand.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13075276.post-50061906934943835212008-06-30T01:14:00.000-04:002008-06-30T01:14:00.000-04:00This desire to do away with supply and demand make...This desire to do away with supply and demand makes me nervous. I don't know enough about this to have reached a conclusion, so can't really say. But it does seem like market forces can only be gamed for so long before speculators get burned (witness the stock market of 1999 and the housing market of 2008). I guess the question is whether the markets have to create so much grief before they settle down.Ron Davisonhttps://www.blogger.com/profile/11972794876337195698noreply@blogger.com