Tuesday, January 13, 2009

Did Speculation Fuel Oil Price Swings?

In a word, yes.  According to 60 Minutes, deregulation efforts by Enron helped push the oil price surges over the past year and the electricity prices in the western United States.

Source: http://www.cbsnews.com/stories/2009/01/08/60minutes/main4707770.shtml  

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