Nymex

The Bailout Bill Passes Congress, President Signs the Legislation, and the World Is Saved. Not.

Patrick Takahashi | Posted 11.07.2008 | Green


Patrick Takahashi

We saw it when Reagan became president in the early '80s and a decade ago when the price of oil (in real dollars) hit an all-time low. Here we go, back to the past again. That's why it's ominous.

Oil Trading: The CFTC Brings "Duh"! To a New Level

Raymond J. Learsy | Posted 09.21.2008 | Business


Raymond J. Learsy

Our valiant oversight heroes examined Swiss company VITOL's books last month and found that VITOL was more of a speculator holding oil contracts than a means of lining up the actual delivery of fuel.