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Gambling Media: Gambling with the oil price

Gambling with the futures
Socialist Worker Online, IL
One obvious one is the rising price of oil, which is increasing transportation and other costs for agricultural products. Another is profiteering on the …

The energy crisis: Only bold steps will help
Minneapolis Star Tribune, MN
A frenzy of unregulated speculation in the futures markets is driving prices up in what one oil analyst called “the world’s largest gambling hall. …

Without gambling on the economy
Ha’aretz, Israel
Until March he claimed that the deviation in the rate of world price increases stemmed from the sharp increase in the price of oil, metals and food. …

Full throttle
Fund Strategy, UK
The price of oil has doubled over the past year, against an incessant drumbeat of warnings: an emerging consumer class can barely satisfy its demand for …

Reduced luxuries
Napa Valley Register, CA
There was a time when the gambling Meccas were noted for cheap rooms and unlimited buffets. No so any more. Gambling, once the lifeblood of the casinos, …

Behind Latin America’s Food Crisis
IRC’s Americas Program, NM
Yes, critics of agrofuels warned that food shortages and price hikes would result from the headlong rush to divert land from food to fuel production. …

Liquid Assets
Charleston Post Courier, SC
The price of soybean oil, the main ingredient in most US biodiesel, has risen faster recently than that of crude oil, almost tripling in five years. …

A Way To Curb Oil Speculation
Hartford Courant, United States
Every time a bomb explodes in Basra, speculators bid up the price of oil for future delivery. They are gambling that they know enough about the market to …

Tullow Oil is a good long term play
Telegraph.co.uk, United Kingdom
The Jubilee oil field, off Ghana’s coast, has been the making of Tullow. Last year, investors drove up Tullow’s share price on expectations that Jubilee’s …

Gas price patience running on empty?
Times Daily (subscription), AL
Ingram said many investors are gambling that more Americans will hit the road this summer and are bidding up the price of oil in anticipation of a busy …

Why did ExxonMobil’s CEO go on The Today Show this morning?
BloggingStocks
I think it’s because he wants to diffuse political pressure to raise taxes on oil companies. Tillerson said that the price of gas is so high that people are …

Let’s Get High: Gambling once again on Lumière Place, Ian looks up …
Riverfront Times, MO
Cielo’s buffalo mozzarella, prosciutto and extra-virgin olive oil antipasto is a sure bet. The Four Seasons has already made an impression on the city …

AP News Calendar
The Associated Press
___ WEDNESDAY, May 21 Washington — Senate Judiciary Committee hearing on the price of oil. Witnesses include oil company chief executives. …

When government plays games with numbers, we all lose
Concord Monitor, NH
It’s a scary thought: Over 20 percent of our GDP is now in gambling. The trajectories the finance industry needs to calculate are market-based. …

Price of Gas Forcing People to Avoid Vegas: Gamble at Online …
Gambling911.com, FL
… home heating oil and other goods and services — are causing many gamblers to cancel or reduce the number of casino trips. Those who go are gambling less …

Edible oils offer some relief as inflation dogs consumers
Hindu Business Line, India
In Subhiksha, for instance, the price of sunflower oil has dropped by around Rs 15 a litre since March 3. Groundnut oil has seen a drop of around Rs 12. …

BHP, Hosken, MTN, SABMiller, Sasol: South Africa Equity Preview
Bloomberg
Johnnic, which has gambling interests, was unchanged at 11.56 rand. Merchant & Industrial Properties Ltd. (MIP SJ): The property investment company said net …

Bungled Spygate probe provides few answers
Florida Times-Union, FL
Contrast that to the way former commissioner Pete Rozelle suspended Paul Hornung and Alex Karras – then two of the NFL’s biggest stars – for gambling on …

Dorgan calls for action on crude oil speculation
Dickinson Press, ND
He called the rampant oil market “the world’s largest gambling hall” or the equivalent to a highway “with no cops and no speed limit and everybody’s going …

TSX hugging unchanged line Monday morning; RIM debuts Bold i-Phone
RTT News, NY
On the earnings front, maker of internet gambling software CryptoLogic Ltd. (CRP.TO) said first-quarter profit fell 59 percent to 6 cents a share. …

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