Billionaire Boone Pickens can’t understand why the Billionaire Koch brothers don’t support the slimmed Pickens Plan

Michael Giberson Koch Industries and various groups supported by the Koch brothers’ political donations are opposed the Boone Picken’s plan to provide government subsidies to anyone who makes or buys natural gas power vehicles. The position seems consistent with the Koch’s generally libertarian policy outlook, though the company is involved in the natural gas industry … More Billionaire Boone Pickens can’t understand why the Billionaire Koch brothers don’t support the slimmed Pickens Plan

CFTC files oil market manipulation case

Michael Giberson At Streetwise Professor, Craig Pirrong examines the CFTC’s case against alleged oil market manipulators Parnon Energy, Arcadia Petroleum LTD and Arcadia Energy (Suisse), all affiliates of the trading firm Arcadia. Whatever the ultimate merits of the case, he says the CFTC is going to have trouble making the charges stick. In part the … More CFTC files oil market manipulation case