Blame China?

Courtesy Newsvine - business  Sat, 05/10/2008 - 17:06

Why do we blame China and the Far East for the economic problems we are having in the world today. We know the price of oil is bid up in a kind of auction called the NYMEX.

This can be stopped by placing limits on how high the price can go.

Tags:

 

Related items

FCC to Tee Up D Block
FCC to reattempt auction of D block of 700-megahertz spectrum.

Fed officials differ on inflation outlook - MarketWatch
Two senior Federal Reserve officials differed sharply Thursday on whether the economic slowdown and the recent drop in the price of oil and other...

Oil Prices Plunge and Stocks Rise
The price of oil dropped to a five-month low after Hurricane Gustav appeared to have spared refineries and supply chains.

Stocks end wild day with modest gains
Wall Street closed up Wednesday after stumbling through an uneven session ratcheting up and down as the price of oil also seesawed and worries...

After-Hours Movers 8/18: NYMEX (NMX) Up After Buyout Approved,...
StreetInsider.com After-Hours Movers: NYMEX Holdings, Inc. (NYSE: NMX) 1.8% HIGHER; CME Group and NYMEX Holdings, Inc. (NYSE: NMX) announced that...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com