On the recordJanuary 24, 2012
Michael McMasters, Wall Street investor, testified before Congress repeatedly that speculators are pushing prices well beyond what the supply and the demand warrant.
Source
congress.govHenry Waxman: “Michael McMasters, Wall Street investor, testified before Congress repeatedly that speculators are pushing prices well…”
Editor's note · Context
Waxman cites McMasters on the influence of speculators on oil prices.
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