Michael L

Crude Reality: Big Oil's Purposely Restricting Supply

Oil is a commodity with an inelastic demand? That's a surprise. Gee you learn something every day.

Crude Reality: Big Oil's Purposely Restricting Supply

Another person who believes that anger is the same as truth and that the perfect conspiracy is afoot. Sir, open your eyes.There may be two oil men in the White House, but there aren't two oil men in Bonn, or London, or Zurich or Rome. Are the leaders of those governments in on the conspiracy too? Think before you shoot. Keep it up and soon enough you will have no toes left.

While Iran Threat Keeps Oil Elevated, U.S. Stocks and Dollar Slip

The world is a high tension place, and what is happening to the dollar?
Spiking sharply higher as uncertainty would have caused it to do in the past? No. It's slipping. Thanks, Ben, for continuing on the same course as the catatonic, sleep-walker who preceded you, Greenspan, and for keeping America on the fast track to third-world status.