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I don't have time to read the entire thread but a few thoughts... If you attempt to place additional regulations on oil futures the activity will simply shift to another venue i.e. ICE, OTC voice brokers, etc. Many of the really LARGE speculators in crude have the capital to trade OTC so...

As others have mentioned, you have numerous regulartory and environmental issues with storage...Not sure about Ontario but probably federal, provincal and possibly local as well and permitting costs $, it's not just paperwork. And you'll need insurance. Having said that, converting/building...

Are you asking about gasoil calendar spreads?

It's pretty simple: hedging, arbitrage, spreading, etc.

For what it's worth, I've received numerous in the past few months from floor clerks that have lost/anticipate losing their jobs. Most have few, if any, skills that are transferable to an upstairs role, be it trading, risk, etc. Having said that, as already mentioned, if you are going to do...

Weather Insight

Ethanol May Not Be the Miracle It's Made Out to Be By JOHN STOSSEL and ANDREW G. SULLIVAN May 2, 2007 — Gas prices are skyrocketing as the high-demand summer season rolls in, and Bloomberg News predicts that some pumps may soon hit four dollars per gallon. Along with high gas prices...

Agreed. It's not rocket science, the last domestic refinery began operations in '76 and demand has increased exponentially since then. Given the time it takes to build a new refinery, removed some of the red tape involved in expanding current refineries would be a good place to start but...

Give it a few weeks/months and we'll see retailers shutting off their pumps after they determine that the risk of being accused of price gouging far outweighs the potential profits... As an aside, there is currently federal legislation in the works regarding price gouging that calls for fines...

There are many. To name a few: AE Bruggemann, Starsupply and PVM.

There's no question that BMOs loss is inexcusable but you can't completely ignore the big picture... Most banks that have a large presence in the energy industry provide their customers with many other services and products (investment banking, treasury, etc) that often produce significantly...

I haven't traded power in a few years but last I knew there isn't a prepackaged spark spread because by simply looking at natty vs power you're leaving out a significant variable, the heat rate, which varies from plant to plant. Having said that you can get quotes from an OTC broker but they're...

At the end of the day, analysts and brokers have to make calls, right or wrong. It's little more than Sales 101. If they're right they're a hero and clients except them to repeat the performance. If it looks like they're going to be wrong they adjust their forecasts and list a bunch of...

Complete rubbish. You're not seeing the forest from the trees. Various market participants have different goals and as such you can't simply look at a single trade to determine whether they are making money or not i.e. in commodities futures, swaps and options are used to hedge risk with...

I just rounded these up for a friend of the family that's looking at a similar role...Yes, real time does involve rotating between days, nights, weekends and holidays as power is traded 24/365. http://www.chron.com/disp/story.mpl/special/chron10001/911998.html...

Another product for those that want exposure to crude but for whatever reason don't want to trade futures... ETF INVESTING: Unique ETFs Track Oil Prices Without Exposure To The Commodity By John Spence BOSTON (Dow Jones) -- A new type of exchange-traded fund tracks the price of oil...

I'd suggest these but no idea if any of them take retail accounts or commercial/institutional only. Prudential Calyon MBF Fimat

While NYMEX may list the options the probability of them becoming liquid, for the reasons Rosy stated among others, is slim. Regardless of what happens, the vast majority of energy option volume will always be traded OTC. If/when energy options become liquid on a screen my money is on one of...

I don't trade equities so I may be missing something but if your view is such that you want to be long/short crude why would you not take a position in the futures rather than paying these guys 50 BPS to try and do it for you?

Quite a few schools have these now...I'm on the energy side of the biz so I'm most familiar with the schools involved in that space but to name a few that have trading floors: Rice, Univ of Houston, Univ of Texas, Texas A&M, Baylor, Univ of Oklahoma, Oklahoma State, Univ of Tulsa, Tulane, LSU...