Cramer Last Night -- Oil is Being Manipulated

As I explained to you yesterday, I believe that the oils futures market is a farce, a total sham, a mockery… where manipulation and speculation are rampant… this nonsense, which I believe probably almost destroyed most of you with $4 gasoline last year, must be stopped… oil is a national imperative and an economic lifeline… it is too important to be choked by rogue traders who have little capital… but the forces that favor endless trading for fees and fast bucked profits at your expense are now gearing up, you can see it, you can read it… to stop any meaningful efforts at reform… by Gary Gensler, the terrific new Commodities Futures Trading Chairman, and someone I know personally as an honorable, intelligent, and savy man… who is doing his best to reverse the ideological nightmare that he inherited from the Bush administration… where the markets are never wrong… and manipulation is never investigated… and Ann Rand is the only handbook.