http://glickreport.blogs.foxbusiness.com/2008/06/09/whats-behind-oils-climb/ Fri, 20 Nov 2009 17:08:26 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 http://glickreport.blogs.foxbusiness.com/2008/06/09/whats-behind-oils-climb/comment-page-1/#comment-2045 chuck Tue, 10 Jun 2008 15:41:14 +0000 http://glickreport.blogs.foxbusiness.com/2008/06/09/whats-behind-oils-climb/#comment-2045 I learned a lot about oil commidities market from Eric too. Beside the Hedge Funds jacking up the barrel price,already the analyst not just on your network but on CNBC Squawk Box have confirmed there is an oil bubble. It's just matter of time when that bubble bursts. Now at the sametime there is an investigation into the oil commitities market about prices there is no telling what the consequences of that investigation will trigger. But whose profiteering and exploiting the consumer to fatten thier wallet at the expenses of this economy? Blame shouldn't fall on the oil companies. But speculators and hedge funders are accountabile. I learned a lot about oil commidities market from Eric too. Beside the Hedge Funds jacking up the barrel price,already the analyst not just on your network but on CNBC Squawk Box have confirmed there is an oil bubble. It’s just matter of time when that bubble bursts. Now at the sametime there is an investigation into the oil commitities market about prices there is no telling what the consequences of that investigation will trigger.
But whose profiteering and exploiting the consumer to fatten thier wallet at the expenses of this economy? Blame shouldn’t fall on the oil companies. But speculators and hedge funders are accountabile.

]]> http://glickreport.blogs.foxbusiness.com/2008/06/09/whats-behind-oils-climb/comment-page-1/#comment-2026 stephenlee Mon, 09 Jun 2008 22:53:27 +0000 http://glickreport.blogs.foxbusiness.com/2008/06/09/whats-behind-oils-climb/#comment-2026 Great discussion on oil. Eric is right. Oil will peak and then drop sometime this year.Solutions to the energy problem are a combination of conservation, more drilling especially in the U.S., and alternative fuels.Looking to Washington for solutions is a waste of time. Stephen Leeb, your guest, was trying to sell his book and came off to me as a nutcase! Great discussion on oil. Eric is right. Oil will peak and then drop sometime this year.Solutions to the energy problem are a combination of conservation, more drilling especially in the U.S., and alternative fuels.Looking to Washington for solutions is a waste of time. Stephen Leeb, your guest, was trying to sell his book and came off to me as a nutcase!

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