Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Wednesday, July 17, 2013

Even Oil Executives Know Oil Prices Are Too High!

WTI is Tracking S&P 500 last Month
It is obvious that the oil market is out of touch with the fundamentals of a sluggish global macro-economic picture, and surging domestic and international oil production right now. The problem is that Oil, and especially WTI which is being tied to the S&P 500 bullishness, (i.e., stock market at all-time highs) is completely manipulated by hedge funds and investment banks and is harmful to the economy, businesses and consumers. 

More

No comments: