RE:Trans MountainHeadwinds to oil prices rising - Lagarde says ECB will cut rates soon, barring any major surprises; notes ‘extremely attentive' to oil. To me, retired, this headline from the financial head of the EU published today, is basically inviting the hedgies to take control of the oil market by shorting it until the price comes down. Sadly that may be the result of a statement like this by such a powerful person. Often I hear complaints on this and other boards cursing the hedge funds for manipulating the markets. Since elected officials are often required to assign their investment portfolios to a neutral third party while in office, she may do very well with lower oil prices as long as the hedge fund knows the game ...don't know or have any knowledge in that regard. Meanwhile our fearless leader pulls his head out of his, you know where, and thinks, "how do I save the world today", hmmm outlaw the use of plastic in the tabs that go on bread and bun wrappers to keep fresh in store or further delay the opening of the oil and gas pipe line to the west coast. "I shall flip a coin" and STW even more. I rarely post anymore but that headline statement by Lagarde really hit a nerve. You almost have to laugh but then you look at the ATH price drop....GLTA..