« Derivatives Craziness And The Next Bailout | Main | Remedy du Jour -- April 23, 2011 »



Feed You can follow this conversation by subscribing to the comment feed for this post.



Don't discontinue this discussion. It is as important, or more so than your economic discussions.

Both WTI and Brent markets are complete BS. Is anyone suggesting production prices have increased 25% in a month? There are lots of "reasons" suggested for this price spike, but production costs are not one of them. So all the producers are making billions, and the gov will collect a nice sum in taxes from that. So where is the other side of the market in buying crude? It is like the doctor. There is no real choice, so they can charge you infinity for an aspirin.

The comments to this entry are closed.