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Biofuelsimon
23rd June 2008, 08:40 PM
(automatically updated/inserted from The Big Biofuels Blog)


There's an interesting piece on the effects of speculation on prices in the oil and corn markets in the US over on Donklephant, which is talking about Obama's Plan to Address Energy Trading (http://donklephant.com/2008/06/22/obamas-plan-to-address-energy-trading/#comment-410256). It is all right blaming the speculators in both markets, but if you take a position in a commodity then you have to be able to close it out or you lose your shirt (cuff-links, waistcoat, trousers and handmade shoes).
is the recent oil spike a bubble? Please tell me what you think.

S



More (from The Big Biofuels Blog)... (http://www.icis.com/blogs/biofuels/archives/2008/06/a-little-on-prices-and-specula.html)