Why Are The World Crude Oil Prices High?

ONLINE MEDIA STATEMENT
===============




After deliberation, our group's leader would like to convey the following:

1. The World crude oil prices are high because of the Oil Futures Index speculators. This oil crisis is not due to OPEC.

2. The US Government is partly to be blamed for this oil crisis because they should regulate the world economy and put measures and procedures in place to check and resolve this oil crisis.

End Statement.

1. We strongly condemn the Oil Futures Index speculators for exploiting the loopholes in the Futures Commodity Market and thus causing this oil crisis of the century.

2. We strongly urge the US Government to champion the resolution of this oil crisis for the betterment of the people of the World.

3. We truly praise the Saudi Arabia Government in helping to ease this oil crisis by increasing oil production as a temporary short-term solution to resolve the problem.

Best Regards.........