Trying to take a new spin on a very tired book by a leftist, Michael Moron, I mean, Michael Moore. Question: Can anyone on this site actually give a coherent explanation that ties speculators to the rise in oil prices? I actually have my series 31 license. To those that don't know, it allows me to trade in futures commodities...meaning that I am licensed to be a speculator. And for those that don't know what that entails, it means I can take a random guess TODAY on any item, try to predict what the cost will be in 6, 9, 12 months or more...and make a bet. For example...if something costs $10 today, but I think it will cost $20 in six months, I buy a contract. I am willing to pay $12 today for that future contract. That means that in 6 months, I get that item for $12. Now, if I am correct, and that item costs $20, then I made $8 profit. I only had to pay $12 for something that costs $20. I buy for $12, sell for $20. However, if I am wrong, and the market for that item falls to $5, then I lose. I still have to pay $12, but can only sell it for $5. Essentially, I am losing $7 for that contract. Speculation affects the prices of things about as much as betting the over-under on a football game affects the score. So anyone...please...all you liberals who love Pelosi and Harry Reid, please give an explanation that shows where speculators have caused high gas prices. And once you are done, apply to work for Harry Reid, or Nancy Pelosi. Neither one is able to give an answer, nor their staff, for that very question. I know, cause I have repeatedly asked.