It is clear that the price of oil as currently constituted no longer has anything to do with the market dynamics of supply and demand.
Far be it for the industry to play it straight, to simply state that price as currently constituted has nothing to do with market dynamics of supply and demand.
The House Oversight Committee Sets Its Focus Where The Senate Financial Crisis Inquiry Commission Feared to Tread
During the Senate hearings many questions were asked, but not the question that would have been most revealing: Did Paulson and Blankfein discuss the viability of AIG?
Bond Fund Goliath Pimco Hires Head Of Government's $700 Billion Tarp Program; Citizens Pick Up Your Slings!
Pimco's hiring of Neel Kashkari is a slap in the face for a public who is sated with examples of government handouts to the undeserving and the revolving door coziness perpetuated at public expense and detriment.