Cap & Trade will never get traction with low crude prices

Quote from Landis82:

And yet you have no idea what you are talking about as it relates to "Cap & Trade".

And for what it's worth, we can all "thank" Phil Gramm for spearheading the "Commodity Futures Modernization Act of 2000" which gave rise to Enron and their ability to "game" the California power grid during the last Recession, not too mention lead to WTI crude oil trading overseas via ICE in Dubai and London without any position limits or CFTC regulation whatsoever . . . not too mention the birth of Credit Default Swaps with no regulation (or clearing house) whatsoever.

Yeah, Phil Gramm has been a great Statesman for the United States of America.

Not.
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Your so clueless. You gotta pay to play boy!
 
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