Does the Big Oil Cabal Rig Prices?

Good article from economist Robert P. Murphy.

Oil Prices Are Rigged? It Just Ain’t So! - The Freeman: "To repeat: Consumers still decide how many barrels they want to buy at a given price. If outside parties push up the price (and they can, if they are willing to risk enough money), then consumers will buy fewer barrels. Therefore, if the high price of oil were due to manipulation, we would observe either a restriction in output and/or accumulating inventories. We see neither."