Friday, August 8, 2008

Oil Spike Over

Martin Vander Weyer at the Daily Telegraph writes about the end of the "Oil Boom". As he points out the evil "speculators" will be dropping their future contracts pretty quickly with a 20% decline over the last few weeks. That act will further cause the price to drop, which will then cause further dumping. Demand and supply still seems to rule a bit. See his full article here.

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