Oil Speculators

Big Oil's Excuses Running on Fumes

Javier Sierra | Posted 04.18.2012

Read More: Unlimited Greed, US Oil Exports, Oil Industry, Oil Subsidies, Public Transportation, Energy Independence, Oil Company's Tax Breaks, Oil Speculators, Hispanics and Gas Prices, Gas Prices, Renewable Sources of Energy, Big Oil, Green News

One could think that an industry that has been around for more than a century should be ready to wean itself from the public trough. But Big Oil's power in Congress is formidable.

Read Post

Obama To Unveil New Plan To Address Oil Prices

AP | JIM KUHNHENN | Posted 04.17.2012

Read More: Obama Oil, Oil Prices Wall Street, Video, Wall Street, Wall Street Oil Speculation, Oil, Oil Prices, Obama Oil Prices, Oil Speculation, Oil Wall Street, Obama, Oil Speculators, Oil Manipulation, Obama Oil Plan, Obama Oil Market, Politics News

WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators...

Read Whole Story

Want to Lower Gas Prices to $3.00, Now? Tax the Oil Speculators, Now

Paul Abrams | Posted 05.18.2012

Read More: Rex Tillerson, Tax on Oil Speculators, President Obama, Robert Reich, Gas Price, Maria Cantwell, Oil Price, Congress, Oil Speculators, Politics News

Every time a Honda Civic owner fills his tank, he hands $7.30 to Wall Street. A Ford Explorer driver is even more "generous" -- she provides them with a cool $10.41.

Read Post

A Tough-Oil World

Michael T. Klare | Posted 05.13.2012

Read More: Gas Prices, Obama Gas Prices, Newt Gas Prices, Big Oil, Oil Prices, Oil Iran, Oil Speculation, Oil Speculators, Rising Oil Prices, Green News

The world still harbors large reserves of petroleum, but these are of the hard-to-reach, hard-to-refine, "tough oil" variety. From now on, every barrel we consume will be more costly to extract, more costly to refine -- and so more expensive at the gas pump.

Read Post

Finally President Obama Utters That Freighted Oil-Drenched Word "SPECULATION"

Raymond J. Learsy | Posted 05.08.2012

Read More: Oil and Gas Price Fraud Working Group, Politics, Oil Energy, Financial crisisEric Holder Attorney General, Speculation, Gasoline Prices, President Obama, Superman, Commodity Futures Trading Commission, Video, Oil Prices, Oil Speculation, Oil Speculators, Business News

This surprising aside while sermonizing us with the usual exculpatory rhetoric emanating from the White House that "...what I've said about gas prices is that there is no silver bullet ..." to high, ever higher gasoline prices.

Read Post

Oil vs. Morning in America

Brent Budowsky | Posted 05.01.2012

Read More: Gas Prices, Alternative Energy, Opec, Strategic Petroleum Reserve, Energy Security, Economic Growth, Oil Speculators, Bank Lending, Oil Prices, Oil, Economic Confidence, Business News

Do not underestimate the potential political and economic power of the recovery that has begun. The economy still faces challenges, but the signs of recovery are real, growing and widening in scope.

Read Post

Oil Speculators: Manipulative Evil Masterminds Or Just Savvy Investors?

DailyFinance | Posted 07.10.2011

Read More: Energy, Oil Market, Oil Speculators Market, Oil Speculation, Oil Speculators, Ice, Business, Crude Prices, Oil Investing, Nymex, Cftc, Business News

As the price of oil climbed over the past few months, a growing army of commentators and pundits grimly hinted about "speculators" who were manipulati...

Read Whole Story

The Inconvenient Truth of Vermont's Oil Speculation

Michael Martin | Posted 01.20.2012

Read More: Oil Prices Vermont, Speculation Oil, Rising Oil Prices Vermont, Oil Speculation, Vermont Oil Prices, Oil Speculators, Oil Price Speculation Vermont, Vermont Investment Oil Prices, Business News

A 2 percent allocation might not seem like a lot, but that means that Vermont's pension controls upwards of 78,000 barrels of crude oil, just like the speculators that the Senator admonishes in his ranting letter to the President.

Read Post

Speculators Drive Pain at the Gas Pump

Earl Ofari Hutchinson | Posted 06.15.2011

Read More: Oil-Speculators, CFTC Derivatives, Oil Speculation, Gas Prices, Oil Surge, Energy Prices, Motorists, Oil Companies, Business News

The standard reasons for the relentless oil price leap is war in Libya, unrest in the Middle East, political instability in Nigeria and Venezuela, and the perennial jitter that global oil supplies are fast running out. But these are all wrong.

Read Post

How the Financial Industry is Driving Up Gas and Heating Oil Prices

Josh Garrett | Posted 05.25.2011

If you think chaos in Libya is the only force driving up gasoline prices these days, think again. Over the past few decades, institutional investors like hedge funds and investment banks have flooded oil markets with hundreds of billions of dollars.

Read Post

CFTC Pins Blame For Oil Spike On Speculators

Wall Street Journal | By IANTHE JEANNE DUGAN and ALISTAIR MACDONALD | Posted 05.25.2011

Read More: Oil Prices, Oil Traders, Oil Spike, Oil Speculators, Cftc, Business News

The Commodity Futures Trading Commission plans to issue a report next month suggesting speculators played a significant role in driving wild swings in...

Read Whole Story

Are Speculators to Blame for Soaring Oil Prices?

Michael Martin | Posted 05.25.2011

Read More: Oil-Speculators, Goldman Sachs, Morgan Stanley, Crude Oil Prices, Speculation, Oil, Oil Prices, Oil Speculation, Goldman Sachs TARP, Business News

Speculators can be to blame for price volatility in the short term -- and by that I mean intra-day. But not for days and weeks. Speculators do not cause trends in commodity prices.

Read Post

Oil Prices Rising: Are Speculators Back In Action?

BusinessWeek | Posted 05.25.2011

Read More: Oil Prices, Oil Speculation, Speculators and Oil Prices, Oil Speculators, Oil Prices Rising, Business News

Many are asking the question about oil prices: Is this deja vu all over again? Didn't we just go through a several-year run-up in prices based largely...

Read Whole Story