Word: hedgers
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Dates: during 2000-2009
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...Since an oil supplier has more freedom than an oil hedger - after all, a supplier sits on oil with no rush to sell it, as a hedger attempts to curb real risk - a supplier can squeeze prices higher by refusing to sell on the futures market. The supplier would sell oil just through private deals, whose prices are determined by the futures market - and not the other way around. This catch-22 represents the systemic flaw in the global oil market...
This is not to say that Gore is the only hedger in the race. Bush fudges whether he intends to make abortion illegal, as the Republican platform he embraced would do. His insistence that being a Bush closed as many doors as it opened is a Clintonian fable. Bradley's signature flip-flop is on ethanol, which he once damned as a ludicrous subsidy; but as a presidential candidate he embraced it after saying a bit disingenuously that Iowans had helped change his mind. Bradley didn't reveal his heart ailment until it forced him to the hospital...