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Re: Image comments for Just like children, they will never admit they have done something wrong
Posted by: aDCBeast
Date: 26/09/2006 01:58PM
Are you all fools?
Oil prices went through the roof because speculators wanted to make money through stock manipulation.
The US's oil supply did not diminish. It was never in danger so why would the price rise?
Some already rich people decided they could take a lot of money from the american people by driving the price of oil up. And it was not the oil company executives. They were just the beneficiaries of these speculators illegal behavior.
Well these rich people made their money but the threat of a federal criminal probe drove them out. So, to keep from getting busted for stock manipulation they sold off their oil shares thus driving down the price.
Less than 20 very rich people made 100s of billions on oil speculation on Wall Street since the occupation of Iraq began.
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