Oil price conspiracy theorists: Rev your engines

How much of what is happening with the price of oil is a result of speculation and how much is generated by the interplay of supply and demand? That is the question of the day for energy geeks -- whether they be economists, regulators, industrial consumers, gas station customers or bloggers. How that question is answered has immense implications -- if speculators shoulder the blame, then there is the possibility that price relief could arrive in the short ... Full Story »

Posted by Mike LaBonte
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Subjects: Business, Sci/Tech
Topics: Energy, Oil and Gas
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Posted by: Posted by Mike LaBonte - Jun 10, 2008 - 11:46 AM PDT
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Mike LaBonte
3.7
by Mike LaBonte - Oct. 1, 2008

This story makes an interesting proposition, but could use a little more clarity. While mostly anecdotal, the claims are well supported and accurate. I think other viewpoints could have been brought in, as plenty of people are accusing oil companies of conspiracy these days.

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Sharon McIntosh
4.0
by Sharon McIntosh - Oct. 1, 2008

No real conclusion was drawn, just much speculation, but food for thought. High oil prices could be caused by speculators, decreased supplies and increased demands, whatever the cause it will be better judged looking into the rear view mirror.

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