Hightower: The “Enron Loophole" and Your Gas Prices

Quicklink submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink
Related Topic(s): ; ; ; , Add Tags

View Ratings | Rate It


Become a Fan
  (42 fans)
In only two years, the price of crude oil – which accounts for 75 percent of gasoline prices – has more than doubled, from $60 a barrel to $140. Why? The biggest cause is not OPEC, or increased demand from China. Instead, it’s that same fun bunch that brought us the collapse in today’s housing market: rich speculators, working through global investment banks and hedge funds.

Read the rest of the story HERE:

At jimhightower.com

- Advertisement -
- Advertisement -