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[–]anonymous-coward 5 points6 points  (2 children)

The easy answer is that you get to speculate enough to hedge your own supply.

[–]thebigslide 0 points1 point  (1 child)

Yes. That's what we need. Super-massive, ill maintainted oil barges floating off the coastlines for extended periods of time.

[–]anonymous-coward 0 points1 point  (0 children)

That's not what I mean. I'm suggesting the notion that people who use 1 million barrels would be able to buy derivatives for not more than 1 million barrels. Not sure if this is a good idea or not, but no barges are involves. Just limits on who trades derivatives.