It’s really becoming discouraging. Every day I wake up and there’s another bit of ugly news about the economy and life in general. Today it was another drop in home values and another jump in oil prices. Something has to “give”. Somewhere.
It was expected, but this fast? When people say oil trading is one of the most unregulated markets out there, they’re not kidding. It’s the Wild West out there and anything goes right now. Then again, McCain believes that […]
Why have oil prices doubled, doubled again, and then nearly doubled yet again over the past six years? Hedge fund speculation? A “risk premium” due to the Iraq war? Or genuine supply restrictions caused by the declining output […]