The name Lee Fang is far from a household name. However, from his perch at the Soros-funded think tank Center for American Progress, Fang has the dubious distinction of promulgating questionable Koch Industries political conspiracies perhaps more than any other person.
Along the way, Fang has made a laughable number of errors in his reporting on Koch. However, he might have outdone himself with his latest piece on the Kochs’ supposedly manipulative oil speculation practices. Over at Powerline, they have thoroughly dissected Fang’s article and the level of ignorance exposed is breathtaking. I encourage you to read the whole Powerline post as it gets into quite a lot of detail about commodity speculation, but this addendum to the post should give you a general feel for how bad it it is:
If that’s not clear enough, see here.
