Analyst: Oil Should Be $10 A Barrel

No, you didn't misread the headline. Energy analyst Peter Beutel thinks the price of a barrel of oil would be just $10 if it weren't an investment instrument because we've got more of it than ever. [CNBC]

Oil price manipulation is a fact, folks.

How do you think it went from $70/bbl to $140/bbl and back down again in little over a year?

Go ahead, read on.

I dare you not to get angry.

[seekingalpha.com]

[www.forbes.com]

[www.theoildrum.com]

[seekingalpha.com]

[priceofoil.org]

[www.mcclatchydc.com]