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Going (green) Concern

A nice blog depicting the pseudo environmentally friendly image of supermarkets who claims making changes to their stores to offset carbon footprint. Supermarkets get cold feet over fridge doors Why have supermarkets shelved their promise to introduce cheap and easy fridge doors? Whenever I visit any supermarket in UK, I found lots of energy wastage. The open fridge section deters me going into that isle or makes me run through the sections because it’s too cold. And I’m not alone many customers shares same view as me on supermarket open fridge policies.

Proof That Oil Prices Are Driven by Speculation

Now those who say Oil prices are driven purely buy supply-demand economics are looking for places to hide. Crude oil for October delivery yesterday climbed more than $25 a barrel. Oil reached $130 a barrel yesterday, 44 percent more than six days earlier. But the November delivery contracts are still trading at 108$ per barrel (correct at the time going to press). This surely renews the calls to curb speculators on commodity market. I hope congressmen take advantage of 700 Billion $ bailout plan by US President to pass on their long standing demand to speculation legislation in the financial markets legislation. Just before the Lehman crash, there were trillions of $ flowing into commodity market especially in crude oil speculation.