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Hess Oil

BP's Smoking Gun and the Manipulation of Oil Prices

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

BP is clearly in the game to maximize profits, and the higher they can push prices through their trading on exchanges, the better for BP's bottom line. How many other producers worldwide are playing the same game?

Obama Finally Takes On the Banks -- Commodity Futures Trading Needs Be Next!

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Since we'll never eliminate the commodity exchanges that trade oil futures, we must at least control speculation and trades.