Jun
26
Record High Oil Prices and Speculation Solution
I’ve been following the stock markets closely for the past month and a half - in particular the oil industry as that’s where all my stocks are placed. As much as I hate oil and love the environment, I would be foolish otherwise to place my investments elsewhere as other industries are consistently losing money. There’s a lot of finger-pointing as to why these oil prices are record high, but I can tell you.
Some people blame supply and demand - is there enough?
Others blame speculation - the commodities market and stock owners for artificially inflating the price of oil.



