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IPFS News Link • WAR: About that War
Oil Speculators: A Force for Peace?
• Charles Goyette on LewRockwell.comWhite House polling must show how badly gas prices are hurting Obama's approval numbers. Badly enough that he's even trying to ease up on attacking Iran.
Here's Obama on the campaign trail: "The problem is ... speculators and people make various bets, and they say, you know what, we think that maybe there's a 20% chance that something might happen in the Middle East that might disrupt oil supply, so we're going to bet that oil is going to go up real high. And that spikes up prices significantly."