Skip to content

Oil prices: Yet another bubble

How many times do we need to get fooled before we wise up? As bubble after bubble in market after market drives up prices, how many times will we just sit there and take it in the wallet as those who are making obscene profits tell us “it is just supply and demand”?

The truth is, actual demand for oil is not increasing faster than supply. What is increasing is artificial demand, driven by tax breaks such as the “Enron Loophole” that make it hugely profitable to drive up the price, taking money directly out of your pocket and into the pockets of rich speculators.

And who is behind these tax breaks? Watch Keith Olbermann’s special report on who these people are, and whose campaign they all seem to be working for:

Share