The most recent jump in oil prices can be attributed to one man - a British man and oil speculator named Steve Perkins.
Is it me, or is there a problem when one person can affect the entire market in such a way? It's bad enough that oil speculators (and not genuine market forces) primarily caused the kind of prices we all saw at the pump last year, but we're in the middle of watching it happen again. In slow motion.
via Financial Times.
Friday, July 3, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment