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 »
While I claim no expertise, I do have a general understanding of how the oil market works, which is more than can be said for ThinkProgress “investigative journalist” Lee Fang. A series of articles (notably here and here) has convinced the so-called Progressive community that Fang has blown the lid off a Koch Brothers conspiracy to control oil markets via speculation. For Mr. Fang, the | Read More »
Lee Fang’s job title at the Center for American Progress is “Researcher”. Heh. Honestly, I’d never heard of this guy until about a month ago, when he made the mistake of thinking he knew something about oil trading, accusing the Koch Brothers of rigging the markets for easy gains. His evidence was, you know, contango. Koch Brothers. Today Fang attacked the freshman Republican from Arizona’s | Read More »
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