About Those CFTC Claims That Speculation Has Distorted Oil Prices
Craig Pirrong submits: CFTC Commissioner Bart Chilton has been touting research that he claims supports his view that speculation has distorted prices, thereby necessitating position limits. I’ve read each one. My conclusion: if this is the best he can come up with, the case for position limits is weaker than I thought. And that’s saying [...]


