Oil prices began their collapse almost a year ago, yet the impact to the industry and speculators has been light. There have been no major hedge fund failures. Large energy companies have taken advantage of the opportunity to conduct some…
Oil prices began their collapse almost a year ago, yet the impact to the industry and speculators has been light. There have been no major hedge fund failures. Large energy companies have taken advantage of the opportunity to conduct some…
Two weeks ago I regretted, with some relief actually, that my earlier predictions about a bubble in commodities derivatives seemed to have been inaccurate. More to the point, the oil price collapse triggered by the Saudis had not led to…
GOPLifer 