It's a model scenario as to why essential commodities should only be allowed to be traded by individuals or companies in the business, with the physical capacity to actually take delivery of whatever it being traded. Dont have an EPA approved above ground million gallon crude tank, dont own a $200,000,000 ocean worthy oil tanker ship, 500 mile oil pipeline, or an actual refinery? Then you should have no business in, and should not be allowed to trade in the crude market. It's worldwide speculation and manipulation from outside the industry, that is driving the price wild, not actual end user trading activity.
