Thursday, January 01, 2009

Pumping the market?

If oil speculators were to blame for record oil prices last summer, should they now be thanked as "Oil prices have fallen 74% from their peaks in July"!?!

2 comments:

Mark Wadsworth said...

Yes of course.

DARWEN REPORTER said...

It's a bit more complicated than that. It's a sad fact that they have the ability to manipulate the prices as they choose. They can reduce production on a whim and hold half the world to ransom.

It's time that there were more vehicles able to run on chippy fat!