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‘Background Briefing’: Rising Oil Prices ExplainedPosted on Mar 17, 2011
University of Maryland professor Michael Greenberger, former director of the Division of Trading and Markets at the Commodity Futures Trading Commission, explains the rising cost of oil. His answer—not international turmoil, not Japanese disaster. Listen to the interview here, or the whole episode of “Background Briefing” with Ian Masters here. Advertisement Previous item: Truthdig Radio: Osama bin Laden and Nuclear Meltdown Next item: U.S., U.N. Consider Action in Libya New and Improved CommentsWe are launching a major overhaul of our comments section. In addition to more robust spam filtering and moderation, new features include the ability to rate other comments, sort how they are displayed and respond directly via e-mail or in a thread. Unfortunately, commenters will lose their existing Truthdig identities. It's a pain, we know, but on the plus side you will now be able to log in with a plethora of options, including Google, Twitter, Facebook and Disqus accounts. Before launching this system we spent months in discussion with our top commenters. We listened to the feedback and we hope you like what we've come up with. Please direct any problems or concerns to us via our contact page. |
By knobcreekfarmer, March 18, 2011 at 9:49 am Link to this comment
WTF is this garbage doing on TruthDIg? Speculators, yea that’s the root cause.
Sure those richie rich fuckers are betting on, and getting richer from, oil trading
but all you intellectual elite progressives are missing the point. It’s call Limits to
Growth. Peak Oil. Seven billion hungry soles on this marble. The end of industrial
capitalism and even your favorite organic coffee shop.
I could list hundreds of documents from Europe to the DOD to prove this point
but I’m guessing you all are too smart for all this reality.
Good luck out there in fanticy land Prof. Greenberger…
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