Taxonomy term

stock exchange

With falling oil prices, short-sellers may win big

Blogging on EARTH

We all heard it this summer: national politicians blasting speculators for driving up oil prices. Journalists and academics may never sort out the actual significance of speculators in this regard. But those same speculators have likely lost big time the last several weeks, says James Hamilton, an economist at the University of San Diego.

30 Oct 2008