Libya and the Surge in the Price of Crude Oil: "Humanitarian Wars are Good for Business".... Speculators Applaud http://globalresearch.ca/index.php?context=va&aid=23741

A "humanitarian war" would be "good for business". It serves the interests of the institutional speculators, it contributes to a further process of appropriation of money wealth. Financial institutions which had prior knowledge or intelligence of events in Egypt and Libya have already made billions of dollars in speculative gains in the futures and options markets for crude oil.  These global financial and banking institutions, which "placed their bets" several months ago, have "a vested interest in war". The greater the turmoil and disruption of the crude oil market, the greater the speculative gains. Short term speculative gains due to market volatility are also part of this process. Foreknowledge of the sequence of political or military events and how they affect markets as well as control and/or manipulation of financial news pertaining to these events are an essential part of the betting process.  In this regard we are dealing the with workings of the World's commodity exchanges, the most important of which is the powerful CME Group created following the merger of the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT) and the New York Mercantile Exchange (NYMEX).