With oil prices skyrocketing toward their $147-a-barrel high in July, people smell a rat. Oil traders, hedge funds, Wall Street
types...they're all to blame for artificially inflating the price of crude and reaping huge profits at the expense of drivers everywhere.
Or so the thinking (and Congressional hearings) goes until prices suddenly collapse throughout the fall, bringing oil down to about $37 a barrel. The culprit this time? Softening
demand amid a reeling global economy. So much for thinking fundamentals don't matter. -- By Steve Hargreaves, CNNMoney.com staff writerWhat do you think was the year's Dumbest Moment in Business?Join the discussion
now.NEXT: Jobs' 'greatly exaggerated' death