On Tue, 22 Jan 2008 22:08:45 GMT, Short Wave Sportfishing
wrote:

What's interesting is the actual proof that the oil market is over
inflated with speculation.

Everyone who buys or sells a futures contract is a speculator of
sorts. That does not necessarily mean they are greedy, nefarious
people however. A declining futures market is more a reflection of
expectations for reduced demand, rather than an indicator that present
prices are inflated by speculation.