Niner

Oil Price Economics the 60 Minutes Way

My original take on Oil price run up, is there was to much speculation on speculation.

And on or about the middle of July (08) when there was heat aspplied and speculation dried up the price started down.

Those of you that have the ability to check these things, I have a question. Did the massive shorting of Bank stocks start about mid July also. About the same time all the money was coming out of Oil speculation?