Stumbled across this article a little while ago. A bit of a read, but a worthwhile one for those who think that Oil Cartels are the reason for price fluctuations.
"They're trying to make money on the market for oil?" Kroft asked.
Say it a'int so!!
Jan-22-2009 19:52
The Highroller
ad hoc and ad lib
Registered: Oct 2002
Location: Flying over the cuckoo's nest
Did Speculation Fuel Oil Price Swings?
60 Minutes: Speculation Affected Oil Price Swings More Than Supply And Demand
I stopped reading after the title, lol.
Jan-22-2009 21:28
TO guy
JELO owns me
Registered: Dec 2003
Location: Toronto
quote:
Originally posted by The Highroller Did Speculation Fuel Oil Price Swings?
60 Minutes: Speculation Affected Oil Price Swings More Than Supply And Demand