Presenter - Lewis Lintern
Producer - Simon Dedman
Researcher - Memona Mirza
Director - Anne Faber
This piece was made in February 2008 by four freelance journalists who studied together at City University. It looks at the causes of our new age of above $100 per barrel of the black stuff and asks is this just normal economic fundamentals? Can global demand really have doubled in the last year or supply halved? Or have financial speculators pushed the price above and beyond the world's oil appetite?
The piece examines the role of hedge funds as well as highlighting the culture of these rising, powerful players in our all-important financial sector.
Contributors include:
Vince Cable - Treasury Spokesman, Lib Dems.
Julian Jessop - Capital Economics,
Hedge Fund Manager.
Richard Savage - Oil Analyst
Thankfully Vince Cable is against bringing immigration down to just one hundred thousand new immigrants ever year.
we need them to do all the new jobs innit.
bigscolari 1 year ago
How are people going to survive ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
flagship21 1 year ago
The main reasons are lack of supply and wak dollars and impending war with Iran.
LucyVanPelt22 3 years ago