Thursday, April 14, 2011

The Contango Game: How Koch Industries Manipulates The Oil Market For Profit

"As a recent Center for Public Integrity report uncovered, Koch lobbied aggressively against Obama’s financial reform bill, particularly on provisions related to transparency in the energy trading market. Is Koch again buying up supply in expectation of higher crude prices during the summer or beyond — as many analysts have predicted? No one knows, especially when the energy speculation and trading industry currently operates with virtually no regulation"
http://thinkprogress.org/2011/04/13/koch-industries-price-gouging/

No comments:

Post a Comment