hyperbole

IEA's Oil Market Outlook: Off the Mark

Investment banks (IBs) are classed as "commercials" not speculators therefore speculators are not the problem, Washington spin at its best.

(IBs) buy long oil contracts for pension funds and ETFs (who can blame them when the US dollar is the alternative) on oversees (dark market) and buy short contracts on the domestic CFTC regulated markets to protect themselves. The reported 1:1 long short ratio is actually 2:1.

KILL the IBs commercial classification NOW!!!!

The IBS feeding on the US population to recapitilize their credit crunch loss is transforming from an macroeconomic benefit to a macroeconomic cost.

Anyone got a wooden stake handy!!!!!