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Oils Endless Bid

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

Josh Garrett | Posted 05.25.2011 | Business
Josh Garrett

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.

On Destabilizing Food Inflation, Krugman misses the point

Daniel Dicker | Posted 05.25.2011 | Business
Daniel Dicker

Krugman is right that soaring food prices have contributed to Middle East troubles. But the major point of the piece unfortunately concentrates on weather events as the fundamental cause.