Snapits, I agree with you!
I'm also sick and tired of a 25% premium on the price of gasoline due to traders who don't take delivery bidding up the price. I have heard there are benefits to such trading, but must ask, to whom?
Vatican: Pope deplores food commodities speculation
Pope Benedict XVI on Friday denounced commodities market speculation. . . .
http://www.adnkronos.com/IGN/Aki/English/Security/Vatican-Pope-deplores-food-commodities-speculation_312193370166.html