Thursday, May 26, 2011

WikiLeaks: Saudis Often Warned US About Oil Speculators

Coverage from The Real News Network on McClatchy research into the role finance speculators are having on oil prices.  There is no overstating the economic impact of oil prices,  it is also now true that no amount of drill baby drill will have the same impact on price as regulating the futures market.  Who knew? Apparently the largest global producer. 

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