The following video does make a great point..
If you want to decrease the amount of speculation in oil (USO) prices, one way to do it is require those doing it to lay more money down when making the bets. They are not talking about diminishing the ability of those to speculate, but just asking them to actually out down more cash. This is not much different than your broker asking you to put down a larger percentage of cash for your margin account or your bank asking for more of a down payment for your house.
Disclosure (“none” means no position):Long USO
