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Authors :
Schwartz, Nelson D.
Birger, Jon
Burke, Doris
Source :
Fortune International (Europe); 5/29/2006, Vol. 153 Issue 9, p26-32, 7p, 10 Color Photographs, 1 Chart
Publication Year :
2006

Abstract

The article reports on the complex ways in which hedge funds, commodity traders, and oil companies are raising gas prices. Similar commodity booms have occurred in the past, but this is the first time the price increases have affected peoples' everyday lives. The normally static quality of both production and demand mean that even a minor increase in demand or drop in supply can have major effects on prices.

Details

Language :
English
ISSN :
07385587
Volume :
153
Issue :
9
Database :
Complementary Index
Journal :
Fortune International (Europe)
Publication Type :
Periodical
Accession number :
21064843