Quote
About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.
Quote
About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.
More from Peter DeFazio
“In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.”
0 likes
“There is a lot of lip service paid in this Congress and downtown at the White House about family values and small business. Who better represents family values and small business than the fi...”
0 likes
“First off, the crude oil market, unlike every other commodity in America, is virtually unregulated.”
0 likes
Discover More
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
200 likes
“I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me...”
172 likes
“You've gotta dance like there's nobody watching, Love like you'll never be hurt, Sing like there's nobody listening, And live like it's heaven on earth.”
150 likes
“So many books, so little time.”
142 likes
“You know you're in love when you can't fall asleep because reality is finally better than your dreams.”
“The person, be it gentleman or lady, who has not pleasure in a good novel, must be intolerably stupid.”
112 likes