Oil Prices

January 31st, 2009

Some weeks ago I was puzzled by the weird behavior of oil prices. The crazy increase and the following fast drop captured my attention (I guess not only mine…). After weeks a friend pointed me to this interesting report by CBS: The historic swings in oil prices last year were the result of financial speculation from Wall Street and not supply and demand. Steve Kroft investigates.

Anything strange?

January 31st, 2009

Fall in new Hampshire (by paolo ciccarese)