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
-
I have been dying to put this shirt up. I should have a post to hang it on, but by this point .... well, if I have to, what hope is there? M...
-
Yesterday my template got corrupted - and it took me quite some time to diagnose why a blank screed was coming up. Obviously I have a lot of...
-
elephant, by Gay_Art Get this custom shirt at Zazzle BARBARA'S TCHATZKAHS : Bizarre Sex Habits of The Extreme Right-Wing It's prett...
-
Nearly a year ago, rob at "Sayanything" spoke predictably and thusly: Abortion Battle Raging By rob on July 20, 2005 at 11:0...
-
(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 ...
No comments:
Post a Comment