can we not, please, throw out the scapegoating of speculators that seems to have suddenly polluted all discussion of energy in America right now?
Blame it on "Big oil" or "speculators" or "the Arabs" or "Iran" or "the Israelis" or "Bush" or "Congress" or "the Democrats" or "International Bankers" or "China" or "Russia" or... almost anyone.
Eventually one or more of those will become THE target, no doubt providing an excuse for a great deal of truly nasty mischief, whether domestic, foreign or (most likely) both.
Well, not in the US, or Europe. Actually doubt they will elsewhere. However, I did see a piece from either Malaysia or Indonesia a couple months ago blaming financial speculation by the "Soros', Goldmans', and Rubins".