futures trading

(University of Illinois at Urbana-Champaign) Proposals to reign in wallet-draining gasoline prices by curbing speculation in oil markets would likely increase costs at the pump instead of trimming them, a University of Illinois economist says.

The future of gas prices is on everyone's minds. But does OPEC, gas companies really control the prices at the pump?

No, not really. What is little known is the loophole in oil futures trading sectors in which the likes of Goldman Sachs are driving the price of oil.