CFTC Report Reveals Rampant Speculation in Oil Markets
Sen. Bernieย Sanders offered the following statement after having reviewed a list ofย speculative oil traders responsible for the 2008 spike in oil prices.ย This list was compiled by the U.S. Commodity Futures Trading Commission (CFTC). “Thisย report clearly shows that in the summer of 2008 when gas prices spiked to moreย than $4 a gallon, Goldman Sachs, Morgan Stanley, and other speculators on Wallย Street