> Why not.. speculate using futures or whatever instruments I've wondered this same thing. My guesses are either... - The oil hedge sizes at that level would

> Why not.. speculate using futures or whatever instruments I've wondered this same thing. My guesses are either... - The oil hedge sizes at that level would be so massive, no counterparty could/would take the risk - It would be market manipulation at a level beyond what what the SPR is, and crosses some line but I don't know either.