Ny Mercantile Exchange

Obama Echoes The American Petroleum Institute Mantra

Raymond J. Learsy | Posted 05.31.2011

Read More: Energy, NY Mercantile Exchange, Senator Levin, Alternative Energy, American Petroleum Institute, Green, Green River Formation, Shale Oil, Opec, Business, Shale Gas, Politics, JPMorgan Chase, Goldman Sachs, President Obama Speech, Financial TImes, Morgan Stanley, Bakken Formation, Oil, Green News
Raymond J. Learsy

The transfer of billions upon billions of dollars from American and world consumers to oil interests both domestic and foreign continues on and will continue in spite of the programs enunciated by the president.

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Obama Finally Takes On the Banks -- Commodity Futures Trading Needs Be Next!

Raymond J. Learsy | Posted 05.25.2011

Read More: Energy, NY Mercantile Exchange, Commodity Exchanges, Federal Oil Price Taskforce, Hess Oil, Speculation, President Obama, Chairman Gary Gensler, Oil, Banks, President Nicolas Sarkozy, Department of Energy, Commodity Futures Trading Commission, Prime Minister Gordon Brown, Leon Hess, Business News
Raymond J. Learsy

Since we'll never eliminate the commodity exchanges that trade oil futures, we must at least control speculation and trades.

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The CFTC and Department of Energy Snore Away While the Oil Patch Makes Hay

Raymond J. Learsy | Posted 05.25.2011

Read More: Energy, Opec, WTI Oil Contract, Oil, Department of Energy, Cftc, Senator Bernie Sanders, NY Mercantile Exchange, International Energy Agency, Business News
Raymond J. Learsy

It is clear that the price of oil as currently constituted no longer has anything to do with the market dynamics of supply and demand.

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Chairman of Gazprom Predicts $100 Oil Because of Speculation. Speculation, Really?

Raymond J. Learsy | Posted 05.25.2011

Read More: Energy, Treasury Department, World, Opec, Trading Exchanges, Speculation, Cftc, Gazprom, Bank Holding Companies, Alexei Miller, State Deoartment, Oil, Russia, Manipulation, Natural Gas, Commerce Department, Philip Verleger, Donald Marron, Green Energy, Cnbc, NY Mercantile Exchange, Business News
Raymond J. Learsy

"Manipulation" is immeasurably more sinister than "Speculation." It bespeaks of controlling, orchestrating and maneuvering to falsify and rig.

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The Price of Oil Has Doubled on Obama's Watch -- the Time for Action is Now

Raymond J. Learsy | Posted 05.25.2011

Read More: Secretary of Energy Chu, NY Mercantile Exchange, Crude-Oil-Prices, Opec, Cftc, Strategic Petoleum Reserve, Wall Street Journal, Politics, Department of the Interior, Sovereign Wealth Funds, Saudi Arabia, Oil, Bush Administraton, Oil Commodity Exchange Trading, Department of Energy, President Obama, Business News
Raymond J. Learsy

Speculation and psychology go hand in hand. The Department of Energy has it within its powers to change the temper of the marketplace.

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