"By purchasing large numbers of futures contracts, and thereby pushing up futures prices to even higher levels than current prices, speculators have provided a financial incentive for giant futures traders to buy even more oil and place it in storage." Read more
"Neoconservative forces in and around the Bush administration and beneficiaries of war dividends - wishing to deflect attention away from war as the main culprit for the skyrocketing energy prices - tend to blame secondary or marginally relevant factors." Read more
How Escalation of War and Military Spending are Used as Disguised or Roundabout Ways to Reverse the New Deal and Redistribute National Resources in Favour of the Wealthy Critics of the recent U.S. wars of choice have long argued that they are all about oil. "No Blood for Oil" has been a rallying cry for most of the opponents of the war. Read more