World Series of Crude Oil: Winner Decides Winter Gasoline Prices [View article]
Bob,
Some of the major oil companies, such as BP, also have trading operations. How do we know they are not complicit and participating with Goldman and Morgan on the long side regardless of the supply and demand fundamentals?
If so, it makes one wonder what the CFTC and Department of Energy are doing.
World Series of Crude Oil: Winner Decides Winter Gasoline Prices [View article]
Some of the major oil companies, such as BP, also have trading operations. How do we know they are not complicit and participating with Goldman and Morgan on the long side regardless of the supply and demand fundamentals?
If so, it makes one wonder what the CFTC and Department of Energy are doing.
Jack