California Autos Examiner

Sunday, June 29, 2008

You may be driving up the price of oil


You may be driving up the price of oil - Oil & energy- msnbc.com

"All those speculators getting the blame for driving up the price of oil these days — just who are they? For part of the answer, look in the mirror. The retirement savings of workers across the country, entrusted to pension fund managers, are being plowed into one of the few investments that has delivered phenomenal returns in recent years."

Between our retirement accounts and regular mutual funds, do any of us really know where our money is being invested? Are we our own worst enemy?

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