Originally Posted by Hatterasguy

Its not about controlling oil prices its about controlling excessive speculation in the market which jacks it all up. If you look at price instability it started right around the time of all this deregulation. When you have 2/3's of the players in the market simply passing paper around the market will never stabilize.

All we need to do is reinstate the level of regulation we had before Reagen, Bush 1, Clinton, and Bush 2 jacked it up.

Considering how well the markets worked before than, the argument that it would cause issues doesn't hold water.

Once the markets are back to normal the price of oil will naturally increased due to a number of factors constantly cited.