Another Libor Scandle? Shell & BP In ‘Price Fixing’ Inquiry

This could well make that ‘Inquiry’ the other month look pretty damn stupid. Looks like some people who have put a bit of an effort in feel there is some explaining to be done. LINK

The real bummer, at this moment in time, is that it is being lead by The European Commission who are conducting an inquiry into possible price fixing. We wonder how many in The Nasty Party have ‘interests’ in the oil industry? No wonder they want Out-of-Europe!

The OFT looked into this back in January and concluded that their, “report points to competition working well in UK road fuel sector.”

Oh bugger! LINK

Libor Oil

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