Word: interestingly
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...physical oil market is open only to the elite. We trust these elites to determine the prices, but who are they? Who are the so-called experts? Hedge funds, oil companies, OPEC - the very people who profit from massive, consistent increases in prices. Notice a conflict of interest...
...better measure of the size of a futures market is the open interest, the total number of outstanding positions. For contracts ranging from next month to a decade from now, there is a total of one billion barrels accounted for from the total number of outstanding positions. Interestingly enough, more than 30 billion barrels of oil are actually consumed each year. Despite all the volume, the claims realized through open interest pale in comparison to the actual consumption of oil. The futures market is much smaller than the real oil market. When you consider margin, the amount of money actually...
...every oil supplier's best interest for prices to go up. Oil is a finite commodity. The world will eventually become more efficient and develop alternative energy sources. In the meantime, suppliers want to squeeze out as much profit as possible from their limited resources. Even if they know that the price of oil is too high (to the point of reducing demand) it is not in their interest to correct it. By setting prices in the smaller but more "trusted" futures market, oil producers realize multiplied gains on their physical oil sales...
...team's run might be missing. "The sum of our parts are much greater than the individual aspects. They want to be part of something bigger than themselves. There's a lot of unity and strength to this group. I don't know if that's of any interest to Americans, but that's what they're missing." He parried a reporter's effort to get him to open up, saying that nothing in particular went through his mind when the team won. His players weren't as reticent. An ice pack taped to his back after stepping...
...must admit, my interest in sartorial skimpiness is not nearly as acute as those of many of my male colleagues, who diligently snapped photos of the cheerleaders during the breaks in the men's game. But in the interest of equality, I think that if the women are dressed like they're about to sun-bathe during Olympic competition, the men should be, too. At the very least, uniform parity would mean that the athletes' sun-block bills would be more equitable. And given that one of the places where beach volleyball first gained popularity in the 1920s...