There are many commentators who believe that the recent Congressional hearings about oil speculators is a distraction from the real issue: a shortage of oil in the world. Here is another perspective. Maybe there really IS an important contribution of speculators to world oil prices. The proposed culprits? The usual: the big banks.
http://www.financialsense.com/editorials/engdahl/2008/0502.html
Keep your eyes and mind open.
Mike Childress
Showing posts with label oil price. Show all posts
Showing posts with label oil price. Show all posts
Sunday, July 6, 2008
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