If 27 barrels of oil are traded compared to one barrel for the largest actual buyer of real oil,whats that tell you?I think it was in May that Micheal Masters posted what was going on in the market,maybe April.Why did it take so long to get on TV?Because besides deregulation there is no news media either.Seems like its still going on too.The Enron crooks all along wanted a market where they could announce on the radio a hurricane was out in the Gulf of Mexico and jack prices up double. No matter what anybody says about it,this ruined lots of people.There was no sense in it.Speculators are what caused it and need to go to jail for it. All of those folks that paid those thousand dollar electric bills,poor people starving,people loosing their business,the prices farmers had to pay for fertilizer,there is a way bigger picture here than the little tiny one presented.The one presented being terrible,but only a part of the story.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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