[Land-speed] No new Refineries

[Jon Wennerberg]

On Jul 22, 2008, at 7:02 PM, Jim Dincau wrote:

     How about this for a new law. You can't trade in commodity futures
unless you actually take delivery of the product. That should slow the  
oil
speculators down.
Jim


That's exactly what the deal was (for oil) until the current Bush  
administration was elected.  Before then it always was that only those  
that actually took delivery of the oil could buy and sell futures.   
Thanks, George...


       Jon Wennerberg
Tall guy with moustache
and a pair of 2 Club hats