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Everything Is Rigged, Continued: European Commission Raids Oil Companies in Price-Fixing Probe

http://www.rollingstone.com/politics/blogs/taibblog/everything-is-rigged-continued-european-commission-raids-oil-companies-in-price-fixing-probe-20130515

We're going to get into this more at a later date, but there was some interesting late-breaking news yesterday.

According to numerous reports, the European Commission regulators yesterday raided the offices of oil companies in London, the Netherlands and Norway as part of an investigation into possible price-rigging in the oil markets. The targeted companies include BP, Shell and the Norweigan company Statoil. The Guardian explains that officials believe that oil companies colluded to manipulate pricing data:

The commission said the alleged price collusion, which may hav...