For general discussion and debate. Possible talking point: oil speculation regulation.
Senate Republicans on Friday blocked a vote on legislation to rein in speculation in the energy markets, instead calling for energy votes that would expand domestic petroleum production and more nuclear power development...The Democrats' legislation would require the Commodity Futures Trading Commission to set limits on the amount of speculative trades that can be made by participants who aren't buying futures to offset their exposure to the actual commodity, including in over-the-counter markets and other exchanges exempt from the same oversight as the New York Mercantile Exchange.
Is there anything wrong with limiting this kind of speculation? Consider this NRO piece before you answer.
