Tag Archives: CNBC
Blatant Distortion and Manipulation of Oil Prices Laid Bare
Friday was a red letter day for the oil producers. In the space of three hours, from 9:00 a.m. to noon, the price of West Texas Intermediate (WTI) crude oil as traded on the New York Mercantile Exchange leapt from $104.30/barrel to $106.94/bbl., finally closing the day at $106.42/bbl. A staggering range for a commodity…
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Also tagged Business News, Commodity Exchanges, Commodity Prices, Department Of Justice, Energy Department, Federal Energy Regulatory Commission, Federal Trade Commission, Gas & Oil, Pdvsa, Saudi Aramco, Strategic Petroleum Reserve
Tagged Business News, CNBC, Commodity Exchanges, Commodity Prices, Department Of Justice, Energy Department, Federal Energy Regulatory Commission, Federal Trade Commission, Gas & Oil, Pdvsa, Saudi Aramco, Strategic Petroleum Reserve
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WSJ Gets It Right — Highlights Italy Probe of Soccer Clubs, Ignores FTC Probe of Oil Price Fixing
As featured on The Huffington Post: The Wall Street Journal provided us with a sterling example of our mainstream media’s willful ignorance and paucity of coverage on one of the core economic issues of our time — the perversion and distortion of oil prices and its cost in billions to consumers in the U.S. and throughout…
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