Beware those evil speculators

I’ve refrained up to now on commenting on the “speculators” theory in so far as I mainly believe that it merely represents another form of denial about the alarming oil market fundamentals. But with Congress ready to act to further regulate futures trading on the NYMEX, it’s time to look at the situation more closely.

United States & Canada – July 9

Texas oilman T. Boone Pickens wants to supplant oil with wind
Is it safe now to admit Jimmy Carter was right?
Oilsands image fight targets U.S. politicians
Labour’s plan for dealing with high energy prices
Ex-EPA aide tells of White House censorship
In energy, there are no easy answers