'The Commodity Futures and Trading Commission is investigating trading
in oil futures to determine whether the surge in prices to record levels is the
result of manipulation or fraud. They might want to take a look at wheat, rice
and corn futures while they're at it. The whole thing is a hoax cooked up by the
investment banks and hedge funds who are trying to dig their way out of the
trillion dollar mortgage-backed securities mess that they created by
turning garbage loans into securities.
That scam blew up in their face last
August and left them scrounging for handouts from the Federal Reserve. Now the
billions of dollars they're getting from the Fed is being diverted into
commodities which is destabilizing the world economy; driving gas prices to the
moon and triggering food riots across the planet.'
'The North Sea has almost as much oil left as has already been extracted, a BBC Scotland investigation has been told.
Experts believe between 25 and 30 billion barrels could still be recovered over the next 40 years.'
