Jase
Jun19-08, 05:43 AM
This is from ABC News, Australia.
"You look at it; just a couple of weeks ago, the price of a barrel of crude oil went up 10 per cent in one day. Did I miss a new war in the Middle East? Was there a huge oil disruption that I missed along the way? I don't think so," Senator Durbin said.
Senator Durbin is one of many US lawmakers going after the investors and fund managers who were accused of driving up the price of oil for financial gain.
http://www.abc.net.au/news/stories/2008/06/18/2278202.htm
Hedge funds and others driving up prices.
Is this helping society or hindering it?
"You look at it; just a couple of weeks ago, the price of a barrel of crude oil went up 10 per cent in one day. Did I miss a new war in the Middle East? Was there a huge oil disruption that I missed along the way? I don't think so," Senator Durbin said.
Senator Durbin is one of many US lawmakers going after the investors and fund managers who were accused of driving up the price of oil for financial gain.
http://www.abc.net.au/news/stories/2008/06/18/2278202.htm
Hedge funds and others driving up prices.
Is this helping society or hindering it?