Wednesday, May 18, 2011

ThinkProgress » The Contango Game: How Koch Industries Manipulates The Oil Market For Profit

ThinkProgress » The Contango Game: How Koch Industries Manipulates The Oil Market For Profit:

"In recent weeks, gas prices around the country have surged to levels unseen since the 2008 oil spike. However, market fundamentals are not driving the nearly $4.00/gallon gas prices. In fact, under the Obama administration, oil production is at record highs and there is adequate global supply of crude. As Commodity Futures Trading Commission (CFTC) commissioner Bart Chilton has explained, rampant oil speculation, which is at its highest level on record right now, is to blame for current prices."

  Look at the numbers, it it market manipulation in a time of war to increase profit. It is treason. Fuel is one of the single greatest expenditures for the US military. By Manipulating prices, the Koch Brothers are fucking the U.S military.

No comments:

Post a Comment

I'm the only one allowed to be an abusive douchebag here.