The Perilous Price of Oil

George Soros, who happens to be number 28 on the Forbes 400 lists, gave testimony before the U.S. Senate Commerce Committee Oversight Hearing on June 3, 2008. Agree or disagree with Soros, he does have his insights.

Soros has written an article adapted from his testimony.

I read a part of his testimony shortly after it was given and I think Soros has some valid points on the markets, commodities and oil. Take a few minutes and read the article:


http://www.nybooks.com/articles/21792