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Insana is just reflecting the talking points
of the republican party-NO SPECULATORS.
ABSOLUTELY NOT! Ron is wrong but actually
both are right. There is speculation that
is distorting prices and this is a symptom
of peak oil-180.
danger0usknowledge 3 years ago
It's funny how Bald Head Ron Insana is trying to throw the blame to countries like Russia and Venezuela, meanwhile it's the US Investment banks like GOldman and CIBC who keep pumping OIL that are probably behind all this.
EasyWolf31 3 years ago
This is exactly the reason why Oil is going up. Margin on Oil futures should be raised to 75%! Instead of the current 5-7%?
The guy is right, truckers, airliners, even countries should get together and short oil since there's only people buying.
This is serious stuff, congress should be investigating the big buyers in the last months.
EasyWolf31 3 years ago