60 Minutes: Oil Prices - TDR Roundtable

60 Minutes: Oil Prices

01-12-2009, 01:58 AM

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pcarlson

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Join Date: Nov 2001 Location: NW, Wisconsin Posts: 528 Old Reader's Rigs Gallery

60 Minutes: Oil Prices

What did you guys think of 60 minutes piece on the manipulation of the futures markets by banks and retirement accounts to drive up the price of oil?

It was also noted that supply exceeded demand so that did not cause any of this. Take note that some of the banks we bailed out were the culprits and then took a beating on the margin calls making them broke and needing our money to bail them out after they gouged the heck out of us.

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