Twitter rumor leads to sharp increase in the price of oil

[Phillip]

Living proof people will buy anything on the internet!

Twitter rumor leads to sharp increase in the price of oil | Technology News Blog - Yahoo! News

And the stock market was stupid enough to buy it! No wonder the US is in the shape it's in!

[godfry n. glad]

The rumor I heard, which I'm pretty sure will push up gasoline prices locally, is of a fire that damaged and closed a refinery in Richmond, California.

I'm at a loss as to why rumors of the Syrian president's death would affect commodity prices, particularly in oil. Syria is not particularly known as a major source of crude. Or even a transit site for pipelines. Is it?

[Ari]

This fire rumor started almost 45 minutes before the death rumor too.

[Watser?]

Originally Posted by godfry n. glad

The rumor I heard, which I'm pretty sure will push up gasoline prices locally, is of a fire that damaged and closed a refinery in Richmond, California.

I'm at a loss as to why rumors of the Syrian president's death would affect commodity prices, particularly in oil. Syria is not particularly known as a major source of crude. Or even a transit site for pipelines. Is it?

It has a bit of oil, but not that much. Not a member of OPEC I think. But that just adds to the stupid...

[Stormlight]

I started reading the article and thought: "Whitney Houston's death lead to an increase in oil prices??"

If you haven't read the article yet:

show spoiler