Right now the world produces more Oil than it consumes each day, and it has for the past 16 months, this trend will only get worse in 2013. So expect prices to finally start to address this over supply issue in the Oil Markets in 2013.
Post Tagged with: "oil speculators"
July 23, 2012 03:57
Forget Libor-gate, Oil Market Manipulation Is Far Worse
Consumers are paying an easy $35 dollars per barrel over what they would otherwise dole out for a barrel of oil, if fund managers didn`t use the benchmark futures contracts as their own personal ATMs.
April 24, 2012 05:20
Research shows Obama wrong on oil speculators
A large number of scientific studies have failed to produce any credible evidence that high oil and gas prices were caused by the presence of financial investors in oil futures markets.
April 23, 2012 05:08
What Can Onions Teach Us About Oil Speculators?
“[E]ven with no traders to blame, the volatility in onion prices makes the swings in oil and corn look tame, reinforcing academics’ belief that futures trading diminishes extreme price swings.”
April 18, 2012 07:54
Are Oil Embargoes Hurting Iran or the US? Obama Blames Oil Manipulators; Who are the Real Manipulators?
Iran is on a course for its third largest oil-related earnings ever. Thus, the primary beneficiary of high oil prices is Iran. Rather than blame himself for the absurdity of the situation, president Obama blames oil speculators.
April 17, 2012 08:38
Oil Speculator Crackdown Cometh: Central Planner In Chief Announces Self-Promotion To Margin Hiker In Chief At 11:10AM
Teleprompter in Chief will have a sit down with the nation at 11:10 am and in the latest sermon from the White House mound, will “confront” oil speculators once and for all. – Zero Hedge
April 25, 2011 05:30
Team Obama thinks you are stupid
What is going on is that the government is trying to deflect blame to these nameless, faceless speculators for their own disastrous fiscal and monetary policies. In other words, they think you are stupid.
