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Soros: Climate Change Bill Is ‘Move In Right Direction’

by Walter Alarkon - 06/03/08 12:52 PM ET
by Walter Alarkon - 06/03/08 12:52 PM ET

Billionaire hedge fund manager George Soros said that “fundamental” underlying factors such as global warming are contributing to record oil prices.

Soros, testifying before a Senate committee hearing on the manipulation of energy markets, said that speculation in oil trading has helped increase energy costs by distorting “the otherwise prevailing balance between supply and

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