http://blogs.reuters.com/commodity-corner/2008/09/10/commodities-agenda-opec-ike-and-oil/ Views on commodities and energy Wed, 19 Jun 2013 02:41:33 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/commodity-corner/2008/09/10/commodities-agenda-opec-ike-and-oil/comment-page-1/#comment-335124 Mark Wed, 10 Sep 2008 23:18:51 +0000 http://blogs.reuters.com/commodity-corner/2008/09/10/commodities-agenda-opec-ike-and-oil/#comment-335124 Its not hard to grasp what was behind the upward volitily of oil over the past few months at all. Why do I continually hear this comment? The use of forward contracts by easily found oil companies and the Dubai exchange over the past several months should result in criminal charges. These greedy people almost drove the world economy into a recession. They certainly negatively impacted the US economy and the auto industry in a very negative way too and it was all for short term profit with n oconcern for anything else. Its not hard to grasp what was behind the upward volitily of oil over the past few months at all. Why do I continually hear this comment? The use of forward contracts by easily found oil companies and the Dubai exchange over the past several months should result in criminal charges. These greedy people almost drove the world economy into a recession.
They certainly negatively impacted the US economy and the auto industry in a very negative way too and it was all for short term profit with n oconcern for anything else.

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