Comments on: CFTC prepares to recant speculators’ influence Now raising intellectual capital Sun, 08 Nov 2015 08:31:30 +0000 hourly 1 By: Andrew Evans Tue, 04 Aug 2009 22:25:42 +0000 Could you please post your article “Peak Oil is right answer to wrong question” on this blog so that I may pull it to pieces. However, I suggest that you have a look at the energy costs in extracting non-conventional oil or CTL. The production costs (mostly natural gas) are absolutely linked to the oil price, so as oil prices rise, so do production costs, which in turn cause the price to rise some more. A sustainable level of production in the Canadan Tar Sands, even if nuclear is used, would be no more than a paltry 5 million barrels a day (in 20 years) this is because of the water (& other environmental) constraints. The IEA predict peak beyond 2020, but this is only because of a growth in production in “Fields yet to find”. These fields are however unlikely to be developed as the bulk of them are in OPEC and OPEC won’t want to develop them even if they are found.

By: M Chandan Sat, 01 Aug 2009 14:11:08 +0000 Speculation is increasing prices and would increase further higher when economy rebound,
unless they are controlled, now !

Most Important Tool to control this is:

Making it 50%-100% margin/collateral Money requirement for all Speculative Position ( Not Delivery based Position) on this Commodity Exchanges.

Most of Investment are in done with with Very Low Investment (margin money) requirement which are about 5-10% normaly.

The increase in Margin Call requirement i.e Amount to be Invested to take Speculative Position on Exchange would bring the market to it REAL VALUE !

** This would increase Cost of Investment.
** This would bring the Actual Business (mfg/traders) to Par with this Speculators.

M Chandan

By: Charles Jernigan Thu, 30 Jul 2009 12:47:22 +0000 Of course they are recanting, not that the previous find was wrong, it wasn’t. These people are just political hacks providing cover for the congressional and executive department meddling that will surely come. The Washington crowd we have in charge right now is intent on the destruction of capitalism. Same can also be said for the Bush crowd that just left office. The only difference was the speed of the train and the initiatives they were cramming up our backsides.

By: lionkiller Thu, 30 Jul 2009 10:56:03 +0000 First, the FSA’s position is not “intellectually indefensible” just because the CFTC doesn’t agree with it. It is just a different opinion.

Second, I presume when US legislators are concerned about oil price “volaitility” that they are actually concerned with price RISES. One long term solution to oil price rises would be maybe to stop starting wars in the middle East for absolutely no reason at all. On a similar topic, draw a graph of the oil price on the y axis and time on the x axis. Now on the graph, shade in red where there is a republican government and see what you think.