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Tuesday, August 26, 2008

Oil Pricing

Ari J Officer + Garrett J Hayes's article on oil pricing + the impact @ http://www.time.com/time/business/article/0,8599,1834888,00.html was brilliant. The futures market has become the public driving force in pricing oil. There is no doubt about it.

Useful links:
www.nymex.com
www.opec.org

It is in every oil supplier's best interest for prices to go up. Oil is a finite commodity.
- Ari J Officer/Garrett J Hayes

How true!

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