London Loophole: Oil Trading

The London Loophole: Despite this week's drop, oil is still trading above $133 a barrel this afternoon. And the story of the moment seems to be whether the U.S. can remove market speculation by imposing new regulations on oil trading. Limits such as limiting the number of contracts large scale investors can purchase.

The CFTC has recently made a recommendation to congress to attempt to impose regulations on the “London Loophole”. In essence U.S oil traders are bypassing regulations here in the US and dealing directly with London with oil contracts.

So to the above, we say… Think about it thong loving friends, do these regulators seriously think the price of oil calculated by “speculation”? Our friends in London should give the US regulators a big “no thanks” and move on. The common sense part of our collective brain should be saying “yo dinkus! Supply and demand” is a precursor to the cost of oil, not market speculation.

In ending, we would like to say. Keep on regulating, and when you are done, take a look at these very tasteful thongs. And while you are admiring this great selection of news and sexy babes, make sure you vote on your favorites.