CRYSBALL

Oil Markets, Speculators, and Vitol Group's Controlling Stake

Daniel,
To further your education in the financial markets, strongly recommend you read 'BEYOND OIL' by Kenneth F. Deffeyes and do a Google Search on Queuing Theory developed by Suzy Sachs as both have relevance to the the Commodities Markets.

3 Aspects to Pricing Oil

You seem to have neglected something economists call supply & demand,however, new economics always wants to find other explanations, than the real ones. We live in a global economy, and your analysis is parochial & shallow.