N
Natisha A
Guest
“The House Subcommittee on Oversight and Investigations reported Monday that speculators are responsible for about 70 percent of the oil traded on the New York Mercantile Exchange — up from less than 40 percent at the beginning of the decade.”
http://www.npr.org/templates/story/story.php?storyId=91819074
“Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.”
http://www.marketwatch.com/news/story/ga...
Half, at least, of our money at the gas pump goes to Wall Street speculators pocket. We hardly can not hear or read main media reporting them. We were not told the truth. What do you think?
http://www.npr.org/templates/story/story.php?storyId=91819074
“Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.”
http://www.marketwatch.com/news/story/ga...
Half, at least, of our money at the gas pump goes to Wall Street speculators pocket. We hardly can not hear or read main media reporting them. We were not told the truth. What do you think?