TV News LIES

Tuesday, Jun 28th

Last update05:20:13 AM GMT

You are here News Energy A Perfect Storm Could Shed Light On Secretive Energy Markets

A Perfect Storm Could Shed Light On Secretive Energy Markets

E-mail Print PDF

When Olav Refvik wanted to boost the price of heating oil to make a lucrative energy deal even more lucrative, the Morgan Stanley trader locked up several storage tanks the bank owned near New York Harbor to squeeze supply. Far from being illegal, the maneuver -- which earned him millions and the moniker "King of New York Harbor" -- is business as usual in the "regulated" commodities market.

More...


Most Recent Related Stories...


Nuclear reactor at Indian Point plant in N.Y. shut down again after leak found

Indian Point reactor leakOne of two reactor units at a nuclear power plant near New York City has been...

ExxonMobil tried to censor climate scientists to Congress during Bush era

Exxon tried to censorscientistsExxonMobil moved to squash a well-established congressional lecture series on climate science just nine days after...

North Dakota rig count up more than 10 percent

N Dakota rigging up ten percentNorth Dakota saw the number of rigs actively exploring for or producing oil and gas increase...

Portugal runs for four days straight on renewable energy alone

Portugal runs four days on renewable energyPortugal kept its lights on with renewable energy alone for four consecutive days last week in...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!