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Re:Why Peak Oil Will Never Lead To $500/bbl Crude Oil by yummyfajitas on Monday May 03, 2010 @03:41PM (#1315852)
Speculators usually earn a premium over what they would get via blind luck. If they didn't, there would be no speculators.

The reason why trades occur at all is that not everyone is a pure trader. Hedgers (e.g. Southwest) trade futures to reduce business risk rather than to make money. They tend to make a net loss on trading but earn back a greater amount of money via their core business.

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