The price of crude oil today is not made according to any traditional relation of supply to demand. It’s controlled by an elaborate financial market system as well as by the four major Anglo-American oil companies. As much as 60% of today’s crude oil price is pure speculation driven by large trader banks and hedge funds.
read more | digg story
Subscribe to:
Post Comments (Atom)
LinkWithin
Popular Posts
-
(raw story) Hope Steffey's night started with a call to police for help. It ended with her face down, naked, and sobbing on a jail cell ...
-
These are your Vegans These are your Vegans on Crack. Any questions? Pokez in San Diego is notorious for bad service, mildly filthy conditi...
-
Autie Kid T-Shirt by webcarve Make a custom t-shirt on zazzle Bump and update: A lot more about the incestuous relationship between ...
-
Alternet pointed me in this direction with barely concealed glee: In a stunning move against supporters of a Republican candidate for Presid...
-
Nearly a year ago, rob at "Sayanything" spoke predictably and thusly: Abortion Battle Raging By rob on July 20, 2005 at 11:0...
No comments:
Post a Comment