OIL PRICE SHOCKS - THE REAL CULPRITS

It is clear as to who is driving up the prices of Crude and Commodities. It is not the producers or the demand supply gap that is making the lives of billions of people horrible. It is the traders, hedge funds and banking giants and large investors in  Futures Commodity trading who are jacking up the prices. The US is about to monitor strictly the commodity trading by imposing strict individual limits. Saudi Arabia the largest oil exporting country already clarified that the oil prices are rising not on account of demand supply gap and that they are ready to pump more oil to bring down the prices. If it is the price so called free economies impose like Futures Trading in Commodities that benefit the traders at the cost of Producers and end users, the Futures Trading itself need to be banned.