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Some guy deliberately caused $100 oil just to get "famous"

Deep down inside of all of us, there's a little voice that cries for recognition -- begs for just 15 minutes in the spotlight, a small piece of history so we won't be forgotten after we're gone. Ah, to be remembered! Oh, the bitter poetry of humanity! Blah blah blah. Who really believes that crap?

Apparently this guy. When oil was nearing $100 a barrel earlier this week, the independent trader saw an opportunity for "his moment of fame," and took it -- purchasing 1,000 barrels of crude oil (the minimum you're allowed to buy) from a fellow trader at $100 each. Then he sold them all for $99.40, losing $600 in the transaction.

Why would anyone drop $600 just so they could be "famous" in the most unfamous, unflattering, completely pointless way possible? Maybe he's really short. Maybe he has a small...you know. The reason is not important. What is worth noting, however, is that next time oil creeps above $100, it will be for real. Goldman Sachs is predicting $105 a barrel by the end of 2008.

Time to start shopping for a hybrid folks.

[via AutoblogGreen]

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