Jennifer Rubin offers this insight on the role of speculation in driving oil prices:
The president's search for the bad guys reminds me of O.J. Simpson’s search for his ex-wife’s “real killer.” In fact, there is no bogeyman in the oil industry; to the extent there is market distortion it is of the administration’s own making.
What I like about Rubin: Her work is almost completely devoid of gratuitous race-baiting.
