Commodities Speculators Are At It Again

With gasoline prices skyrocketing, U.S. consumers are less confident that the economy is climbing out of distress, according to the latest Bloomberg Consumer Comfort Index, which fell 0.7 points from the prior week to -46.9 by May 8.
Commodities Speculators Are At It Again
OIL PRICES: Chairman Max Baucus points to a graph showing the production price vs. the production cost for oil at a full Senate Finance Committee hearing on 'Oil and Gas Tax Incentives and Rising Energy Prices' on Capitol Hill in Washington, May 12. Jim Watson/Getty Images
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Consumer Confidence Numbers

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/114122179.jpg" alt="OIL PRICES: Chairman Max Baucus points to a graph showing the production price vs. the production cost for oil at a full Senate Finance Committee hearing on 'Oil and Gas Tax Incentives and Rising Energy Prices' on Capitol Hill in Washington, May 12. (Jim Watson/Getty Images )" title="OIL PRICES: Chairman Max Baucus points to a graph showing the production price vs. the production cost for oil at a full Senate Finance Committee hearing on 'Oil and Gas Tax Incentives and Rising Energy Prices' on Capitol Hill in Washington, May 12. (Jim Watson/Getty Images )" width="320" class="size-medium wp-image-1803865"/></a>
OIL PRICES: Chairman Max Baucus points to a graph showing the production price vs. the production cost for oil at a full Senate Finance Committee hearing on 'Oil and Gas Tax Incentives and Rising Energy Prices' on Capitol Hill in Washington, May 12. (Jim Watson/Getty Images )
Heide B. Malhotra
Heide B. Malhotra
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