|
Oil price bubble
Why have petroleum prices soared so high so fast? Presently we are seeing the highest spot price for crude oil ever in the month of March. Is it because there is a decreasing supply of oil coming onto the world market?...No, it seems the real reason oil prices have risen so much is because we, the American people, gave hundreds of billions of dollars to banks that then turned around and put our billions into investments in oil and other commodities funds rather than making loans to businesses. Posted by: g(r)omgoru 2011-04-03 |
| http://www.rantburg.com/poparticle.php?ID=319647 |