Sunday, October 19, 2008

Where, oh where, have the speculators gone?


Remember all the ruckus a while back about how "speculators" were manipulating the crude oil market and how they had a cruel hand in driving up prices? Now that crude oil prices have dropped like a rock, does it mean that these same speculators have decided to let us have a break at their expense? Doubtful. If prices ever head up again expect the usual bromide of blaming Wall Street speculators and Oil companies.

No comments: