Tag archive for ‘Speculators’
Why is crude oil (and gasoline) so expensive?
I have been getting emails from readers essentially asking me to do a post on oil - why is it so expensive, and what, if anything should be the GOP’s party platform on energy. While energy economics is not my specialty - I do understand commodities markets, and I believe I probably understand better than [...]
Skyrocketing Oil Prices Stump Experts
Washington, D.C. (Washingtonpost.com): Confused about oil prices? So are the experts.
Executives from the giant oil companies say it’s partly the fault of “speculators” or financial players. Key financial players say it’s really a question of limited supply and expanding global demand. Some members of Congress accuse the Organization of the Petroleum Exporting Countries for bottling [...]
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