Wednesday, June 18, 2008

The noose is tightening around oil speculators

Trading Drives Up Oil Prices. Futures trading, largely done beyond the reach of U.S. regulators, is being blamed for driving up the price of oil.

click for very interesting video

video: Oil Trading's Powerful "Dark Markets"
CBS News Looks Inside Futures Trading Beyond Watch Of U.S. Regulators
WASHINGTON, June 17, 2008

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