Mr. H.
Diamond Member
Well, which is it? Oil company collusion or commodity brokers?
It can't be the former. There have already been numerous investigations over the years .
When you have a retired oil company exec come out and say it is going to happen. The media reports the crap out of it, without bothering to report the fact that there is no reson for the price to get that high, it enters into the lexicon and by hook or by crook it will become a self fulfilling prophecy. You watch, there will be ever more articles reporting on the impending price increases.
Yup. Buy the rumor, sell the fact.