Bailout Banks hoarding Crude Oil (Again)

[LD]

Originally Posted by MeatPounder

Actually that is very sound business.
Rather than simply playing the futures (as I do) and hoping like hell you never have to take or provide delivery, they are actually looking to stock up at a good price as a hedge against the inevitable rise in price again.

Of course the 10 billion from the taxpayer funds probably reduces the risk of loss a bit, you think...?