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Is it possible that the Arab countries are buying up oil futures to keep the price up and not have to pump?

June 24, 2010 by  
Filed under Arab

2 Comments

more oil?
We hear on the news that it is the speculators that are driving up the price of oil and not of use and production

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Comments

2 Responses to “Is it possible that the Arab countries are buying up oil futures to keep the price up and not have to pump?”
  1. ★Greed★ says:
    June 24, 2010 at 4:48 pm

    30% of the American economy is owned by the UA countries.

  2. Jim H says:
    June 24, 2010 at 5:15 pm

    very possible

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