Quote from kashirin:
yes, to start it's fine
although I think only those must be allowed to trade commodites who can accept delivery and buy not more than they have proven storage
But where do you draw the line. Fist it is commodities, then financial futures then equities, before you know only institutions can afford to trade.
Also do not forget, that higher oil prices could be a necessary evil, that will spark some new development that could change it all. Things are not that simple.
