Saturday 18 February 2012

Oil speculation


This item only talks about one part of the puzzle.  I doubt if this would be happening if the industry didn’t know that oil production has peaked and the oil-producing countries cannot up production to meet demand - remember Chinese demand is still at an all-time high, even if US demand is down (due to collapse of the economy).
However, provides a good insight into how the whole bankster scheme works.

Oil prices skyrocket...the speculators are back
The Big Picture,
RT

Thom Hartmann - Richard Eskow, Campaign for America's, Future joins Thom Hartmann. Demand for oil is at a 15 year low - but oil prices are still sky high. If demand isn't driving the price - then what is?


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