The noose is tightening around oil speculators

Trading Drives Up Oil Prices. Futures trading, largely done beyond the reach of U.S. regulators, is being blamed for driving up the price of oil.

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video: Oil Trading's Powerful "Dark Markets"
CBS News Looks Inside Futures Trading Beyond Watch Of U.S. Regulators
WASHINGTON, June 17, 2008
http://www.cbsnews.com/sections/i_video/main500251.shtml?id=4188641n