"Gould 0738" wrote in message
...
I didn't say single-handedly. He represents a group that has in excess
of
$100 billion to invest. Futures options allow someone to leverage their
money without putting a lot of money up front. It's absolutely
possible...and likely. Just wait and see.

To spend $100 billion on oil "futures", (which are highly leveraged),
wouldn't
that effectively buy up most of the world's production? Gaining a monopoly
on a
resource

They'll never take delivery of the oil. They'll dump the
contracts...initially at a huge profit. But when prices come crashing down,
they'll be stuck holding a bunch of contracts that will never be exercised.
That's the price guys like Soros are willing to pay in order to defeat
Bush. And you thought 527 spending was bad!