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hytem hytem is offline
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Join Date: Jun 2006
Posts: 1,125
I'm surprised that nothing has be done by now to put a damper on the oil futures market, which has become much too speculative for such a strategically important commodity. It reminds me of the financial market, which almost imploded because of a lack of regulation in the sub-prime mortgage industry. The price of oil right now does not have a lot to do with supply and demand. It is mainly about a weak dollar and over-speculation.
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Old 05-12-2008, 07:45 PM
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