[lbo-talk] One or two flawed historical analogies (was Re: Stratfor: Western Misconceptions Meet Iranian Reality)

Doug Henwood dhenwood at panix.com
Tue Jun 16 12:46:04 PDT 2009


On Jun 16, 2009, at 3:35 PM, dredmond at efn.org wrote:


> Oil prices are back up to $70/barrel, and there they will stay.
> Reason:
> state-owned companies own the oil, and will put a floor under the
> price.

Not really. The commodity funds are back in oil.

Doug



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