Tag Archives: European Commission

The Price of Oil Is Rigged

As posted on The Huffington Post: The U.S. oil market is well supplied, with U.S. commercial crude oil inventories near all time highs, with production of U.S. oil increasing by some million barrels/day from a year ago, with weekly inventory of gasoline jumping by 800,00bbls equivalent last week alone, while Chinese demand is flat to…
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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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