metapunditedgy
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Tue Jul-28-09 01:44 AM
Response to Original message |
| 7. So did the oil execs purjure themselves when they testified |
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to Congress that the prices were just supply and demand?
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| -CFTC Report Blames Speculators For Oil Price Swings: Report |
elleng |
Jul-28-09 12:49 AM |
#0 |
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Duh, ya think? n/t |
zalinda |
Jul-28-09 01:11 AM |
#1 |
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I think its a good idea to get this word out, |
elleng |
Jul-28-09 01:13 AM |
#3 |
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Whats so funny is in my paper on one page the AP article is... |
Historic NY |
Jul-28-09 01:13 AM |
#2 |
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The papers should be explaining the way these things work, |
elleng |
Jul-28-09 01:15 AM |
#4 |
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Say it ain't so! And here all this time I thought it was peak oil... |
bluesbassman |
Jul-28-09 01:25 AM |
#5 |
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no shit? |
pjt7 |
Jul-28-09 01:32 AM |
#6 |
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So did the oil execs purjure themselves when they testified |
metapunditedgy |
Jul-28-09 01:44 AM |
#7 |
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No, its not so simple. |
elleng |
Jul-28-09 06:14 AM |
#8 |
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Wow |
Steerpike |
Jul-28-09 06:31 AM |
#9 |
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And finally the important agency is going to do its job. |
elleng |
Jul-28-09 06:42 AM |
#10 |
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Regulator report blames speculators for oil price swings |
Joanne98 |
Jul-28-09 05:31 PM |
#11 |
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It took a commission this long to tell us what we already knew? |
HopeHoops |
Jul-28-09 05:31 PM |
#12 |
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umm - elections DO have consequences!!! |
TankLV |
Jul-29-09 01:21 AM |
#36 |
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Well fucking DUH |
Autumn |
Jul-28-09 05:31 PM |
#13 |
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I do believe DU arrived at this conclusion a year or so ago. |
sinkingfeeling |
Jul-28-09 05:31 PM |
#14 |
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try - OVER EIGHT years ago... |
TankLV |
Jul-29-09 01:22 AM |
#37 |
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Traders Blamed for Oil Spike-CFTC Will Pin '08 Price Surge on Speculators |
kpete |
Jul-28-09 05:31 PM |
#15 |
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but...but...but..it was all that good ole "supply and demand" that gave us $147 a barrel oil |
jpak |
Jul-28-09 05:31 PM |
#16 |
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What a nice surprise to see that on the front page of the WSJ today. |
redqueen |
Jul-28-09 05:31 PM |
#17 |
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Anybody remotely economically saavy saw this. |
cslinger59 |
Jul-28-09 05:31 PM |
#18 |
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"bit" more regulation?????????? |
dixiegrrrrl |
Jul-28-09 05:31 PM |
#24 |
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Duh...no shit! |
dmosh42 |
Jul-28-09 05:31 PM |
#19 |
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AND, the Obama "gang". |
pattmarty |
Jul-28-09 05:31 PM |
#21 |
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EVERYBODY on the DU board could have told you this. |
pattmarty |
Jul-28-09 05:31 PM |
#20 |
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There were plenty of apologists posting on the speculator's behalf. |
DCKit |
Jul-28-09 05:31 PM |
#25 |
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MANY knew this some time ago, |
elleng |
Jul-28-09 08:34 PM |
#29 |
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And equal numbers of Peak Oilers gleefully adducing the prices as utter vindication n/t |
Psephos |
Jul-28-09 09:19 PM |
#30 |
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They sure were. It was as if we'd completely run out of oil on July 14th last summer. |
DCKit |
Jul-28-09 11:50 PM |
#33 |
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One of the CFTC commissioners is also quoted as saying... |
Xolodno |
Jul-28-09 05:31 PM |
#22 |
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it took a year to see this? meanwhile they screwed with all industries |
Gin |
Jul-28-09 05:31 PM |
#23 |
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dupe of LBN thread posted 28 minutes earlier |
lindisfarne |
Jul-28-09 05:31 PM |
#26 |
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Bubbles (tulip craze, Florida land, Tokyo land, internet stocks, etc.) are created by speculators. |
robcon |
Jul-28-09 05:31 PM |
#27 |
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Well and succinctly said. n/t |
Psephos |
Jul-28-09 09:19 PM |
#31 |
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Who knew people would manipulate markets to make boatloads of money? |
bemildred |
Jul-28-09 05:33 PM |
#28 |
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It was to get warmed up and ready for the real $$ grab from TARP and the US Treasury |
Psephos |
Jul-29-09 12:20 AM |
#34 |
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MarketOracle 2008: "The great oil crunch - fabricated crisis- by banksters and hedge fund managers" |
steven johnson |
Jul-28-09 10:00 PM |
#32 |
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Gee - amazing what comes OUT now that we no longer have an "oil pResident", huh?!!! |
TankLV |
Jul-29-09 01:20 AM |
#35 |
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Why ask why speculators have so much power to influence an element so VITAL to this country |
Supersedeas |
Jul-31-09 12:33 PM |
#38 |
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