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View Full Version : Congress discovers most oil futures held by few speculators



Cheeto
Aug 22nd, 2008, 03:12 PM
http://www.washingtonpost.com/wp-dyn/co ... components (http://www.washingtonpost.com/wp-dyn/content/article/2008/08/20/AR2008082003898.html?nav=rss_email/components)

Not really that surprising, really. I think about the only thing surprising is the ratio of who holds how much. Now whether or not it's really the speculators fault the oil has gone up or whether it really is a supply/demand issue or some combination is undetermined yet, but at least we've shed some light on something that's been conducted in the dark so far.

Leomhann
Aug 22nd, 2008, 03:46 PM
I say its someone's greed that started this whole trend.

Puddle
Aug 22nd, 2008, 05:40 PM
And this is new. I wonder if Bush Sr. and MR. Chaney are on the list?

Leomhann
Aug 22nd, 2008, 05:51 PM
I'm pretty sure most of the politicians on Capital Hill are on said "list".