Whether energy traders, and to be more specific, speculators, had a hand in the oil price spikes of 2008, as well as the collapse of the banking system, is a debate that rages on as Paul Vocker is looking to propose restrictions on banks engaging in such activities. It might be misguided as banks have enabled access to capital for smaller energy companies.
As Loren Steffy's blog at Chron.com indicates, the Federal Government might want to consider with care who exactly is being affected by any regulations coming down the pike.
Where do you stand on this?
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