Monday, February 27, 2012

Chris Cook — The end game in oil

The end game is about to begin. On the one hand you have the noise and rhetoric. Greedy speculators gouging gasoline prices; mad mullahs preparing to wipe Israel off the map; bunker buster bombs and fleets being positioned; huge demand for oil from the BRIC countries; China’s insatiable thirst for oil; the oil price will head for $200 a barrel and will never again fall below $130 …
On the other hand you have the reality.
Read it at Asia Times Online
The end game
By Chris Cook
(Crossposted at Naked Capitalism)
Chris Cook is former compliance and market supervision director of the International Petroleum Exchange

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