"RG" wrote in message
. ..
Until we have a "hard" solution, I have an idea. Get futures traders the
phuque out of the oil business. They serve no useful purpose.

Actually they do. If your business profits are significantly influenced by
the price of oil, futures contracts pay a very important role in the
stabilization and predictability of those profits. It's called hedging.
But I suspect you knew that.

The product is too important to be left up to the whims of a bunch of suits.
And, whims is exactly what they are. Did you notice that when that Saudi
refinery was attacked a month or two ago, the price hiccup was nothing
compared to the current one, which is based on absolutely nothing?