Lee Fang on Oil Speculation: In Over His Head
By: Steve Maley (Diary) | July 7th at 01:00 PM |
Summertime 2011, and “investigative journalist” Lee Fang of ThinkProgress has replaced the BP Spill in my blogging life. Fang’s amateurish attempts to find scandal in oil commodities trading have become my new blog fodder. Fang puts forward the half-baked theory that the evil Koch Brothers and other traders control world oil prices via speculation. His latest piece, “JP Morgan, Koch, Other Oil Traders May Buy | Read More »
Business Journalism: Groping in the Dark for a Narrative
By: Steve Maley (Diary) | January 5th at 06:05 PM |
H/T My Boss, in an email late today titled “This is complete lunacy”: January 5, 2009 10:50am: Natural Gas Declines on Higher Temperatures, Ample U.S. Storage By Reg Curren Jan. 5 (Bloomberg) — Natural gas futures fell in New York as higher temperatures were forecast across most of the country this week, limiting demand for the heating fuel. Normal and above-normal temperatures are expected along | Read More »