Free Republic
Browse · Search
News/Activism
Topics · Post Article

This has the potential to make the Libor scandal that roiled financial markets last year seem like a minor event. The fact oil prices were artificially manipulated by oil companies and hedge funds means any large scale trader with a nefarious goal could drastically affect the price of oil for political ends. Does the name George Soros ring a bell?
1 posted on 05/18/2013 5:07:57 AM PDT by RayChuang88
[ Post Reply | Private Reply | View Replies ]


To: RayChuang88

Soros ought to be in prison.


2 posted on 05/18/2013 5:23:14 AM PDT by Shady (Abolish The IRS and Obamacare...it isn't going to cure anything...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: RayChuang88

Theres two ways to manipulate the price of oil, you can cut back production thus increasing demand or you buy up all the production or as much as you can and sit on it creating the same demand. Which one are they being accused of?


3 posted on 05/18/2013 5:25:14 AM PDT by Dusty Road
[ Post Reply | Private Reply | To 1 | View Replies ]

To: RayChuang88

Just going after deep pockets.
Call me when they go after the real culprits...OPEC


7 posted on 05/18/2013 5:58:54 AM PDT by griswold3
[ Post Reply | Private Reply | To 1 | View Replies ]

To: RayChuang88

Would not be surprised Soros would be involved...

But, too many GOP are tied to Soros. McCain and Graham have received money from Soros via his Open Society group....and Marco Rubio’s Chief of Staff, Cesar Conda, worked for a Soros publication.

Too many in GOP are tied to Soros....nothing probably will happen


13 posted on 05/18/2013 6:27:15 AM PDT by SeminoleCounty (GOP - Greenlighting Obama's Programs)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: RayChuang88
The fact oil prices were artificially manipulated by oil companies and hedge funds means any large scale trader with a nefarious goal could drastically affect the price of oil for political ends.



 

http://www.google.com/#hl=en&sclient=psy-ab&q=oil+manipulation+site:www.zerohedge.com

 

16 posted on 05/18/2013 7:01:24 AM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson