Oil Prices – Did Speculation Fuel Oil Price Swings?
For quite some time we have been fed the story that the recent rise of oil prices was a result of supply and demand. This video explains exactly what happened to drive the oil prices up and then what caused them to plummet. Regardless of the reason “why”, it is my hope that the interest in working on ways to find safe renewable sources for energy continue their development. As consumers, I feel that in the long run, supporting green efforts will increase the possibility that our children will live on a cleaner, safer and healthier earth.
Here is the clip, however, let’s not forget the consequences of giving our personal and physical power away to those that would abuse it for personal gain.
CBS 60 minutes. Ignore the commercials and focus on our physical as well as economic health.
Part 1
Part 2

