Tag Archives: Commodity Exchanges
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, CNBC, 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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Your Price of Gasoline Is Going Up! How Sweet It Is!
As featured on The Huffington Post: Over the past weeks there has been a dramatic, near inexplicable rise in the price of crude oil with direct impact on what you are paying for gasoline. The price of oil has increased over 10 percent — that is over $10 per barrel. Considering U.S. consumption of near 20…
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Also tagged American Economy, Benchmark West Texas Intermediate, Brent Crude, Business News, CFTC, Commodity Exchange Act, Federal Trade Commision, Federal Trade Commission, Gas & Oil, Lng, Natural Gas, Russia, Saudi Arabia, The New York Times, Usda, Wall Street Journal
Tagged American Economy, Benchmark West Texas Intermediate, Brent Crude, Business News, CFTC, Commodity Exchange Act, Commodity Exchanges, Federal Trade Commision, Federal Trade Commission, Gas & Oil, Lng, Natural Gas, Russia, Saudi Arabia, The New York Times, Usda, Wall Street Journal
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Americans Pay at the Pump While Speculators Profit and Play
As featured on The Huffington Post: Incredibly, since the later part of June, the price of oil has spiked by $12 a barrel to close at $107/bbl yesterday, a jump of close to 15 percent over three weeks. The impact on the rise of gasoline prices is already being felt and will become more accentuated…
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Also tagged American Consumers, Business News, Dept. Of Energy, Financial Crisis, Gas & Oil, Oil Speculation, Price Of Oil, Speculation, Strategic Petroleum Reserve, United Nations Conference On Trade & Development
Tagged American Consumers, Business News, Commodity Exchanges, Dept. Of Energy, Financial Crisis, Gas & Oil, Oil Speculation, Price Of Oil, Speculation, Strategic Petroleum Reserve, United Nations Conference On Trade & Development
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