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Speculator Manipulation of Oil Prices

Posted on June 3, 2008 - 1:13pm at The Crone Speaks
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In my previous post, I mentioned that the quickly rising prices of oil go back to the speculators on Wall Street (all the “Wall Streets” around the world, that is). From all this so-called speculation, it appears to be more about manipulation. A few people make mega-bucks trying to push the price of oil up, up, up, while the rest of us spend more at the pump.