Yes, I know, we shouldn't expect much in the way of intelligent discourse from grandstanding politicians on Capitol Hill and windbag pundits on cable news. But is it really too much to ask that their bloviations have at least some connection to reality, however tenuous that may be?
What is sticking in my craw is the utter stupidity of blaming speculators for the high price of oil. These blowhards are railing against traders of oil futures because their alleged speculations are bidding up the price of crude. First of all, let's get straight what a future is.