Congress calls for crackdown on oil “speculation”
USA Today
06/23/08
Lawmakers continue to blame large investors for their role in propping up oil prices, pointing out Monday that speculation in crude futures has nearly doubled since 2000. Pension funds, Wall Street banks and other large investors that have no intention of taking delivery of fuel have increasingly pumped money into contracts for oil and other commodities as a hedge against inflation when the dollar falls...
http://tinyurl.com/68yb7b
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=oil+speculation
http://freepage.twoday.net/search?q=oil+price
http://freepage.twoday.net/search?q=crude+futures
http://freepage.twoday.net/search?q=dollar+fall
06/23/08
Lawmakers continue to blame large investors for their role in propping up oil prices, pointing out Monday that speculation in crude futures has nearly doubled since 2000. Pension funds, Wall Street banks and other large investors that have no intention of taking delivery of fuel have increasingly pumped money into contracts for oil and other commodities as a hedge against inflation when the dollar falls...
http://tinyurl.com/68yb7b
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=oil+speculation
http://freepage.twoday.net/search?q=oil+price
http://freepage.twoday.net/search?q=crude+futures
http://freepage.twoday.net/search?q=dollar+fall
rudkla - 24. Jun, 13:51
