"Jack Goff" wrote in message
...


While the separate arguments he makes looks pretty good on their face,
when you put them together it seems a bit like leaving the hen house
unlocked, and handing the keys to the fox. Basically, let the bad oil
companies alone set the price for the raw material they need, as they
see fit? How's that gonna work?


What are you talking about??? The henhouse is *already* unlocked! The
presence of non-industry gamblers in the hedging process is the largest part
of the problem. Are you saying they *belong* in the futures market because
they somehow keep the oil companies honest???