That was a cute move by President Obama last week, calling out the “oil speculators” with a memo to his Attorney General, Eric Holder. The President proved a few weeks ago, in his energy speech to the nation, that he doesn’t understand how these re…
What has economists most on edge: Oil prices
NEW YORK (CNNMoney) — The U.S. economy faces numerous obstacles that threaten to derail the recovery. But economists are most fearful of one major headwind: oil prices.
More than two-thirds of …
Paul Farrell’s latest…
Put Goldman Sachs CEO Lloyd Blankfein in jail for six months, and all this will stop, all over Wall Street and America, a former congressional aide tells Matt Taibbi in his latest Rolling Stone attack, “Why Isn’t Wall S…
Nobody’s going to stop it. It’s not 1991 anymore.
From Bloomberg:
“The prospect of civil war in Africa’s biggest oil producer has pushed crude prices to a 2 1/2-year high, and led to calls for intervention to stop the worst violence yet seen in tw…
Oil prices may surge to $220 a barrel if political unrest in North Africa halts exports from Libya and Algeria, Nomura Holdings Inc. said.
Crude futures rose to their highest in more than two years in New York today as Libya’s violent uprising thr…
Oil joining food, precious metals, cotton and virtually every other commodity in the “how high can it go?” game….
Oil prices surged more than 4% early Monday as antigovernment protests in the Middle East and Africa intensified, raising worries abo…
Buenos Aires, Argentina – Is the world finally cracking up? It certainly seems so…at least in that fiery patch of land claimed by the world’s three major monotheistic religions. This is serious stuff. Are you paying attention, Fellow Reckoner…