Oil Speculators Dominate

Well, the Bush Administration has long insisted that speculators are NOT a big part of the oil market. Now, the regulatory (cough, cough) agency concerned with the oil markets says otherwise. Finally there's an admission that oil contracts are in the hands of the very few. I think most people aren't terribly stunned to hear this news, as we aren't as dumb as some think we are.

http://www.msnbc.msn.com/id/26321642/