Readers who recollect my post of 9 May may like to read the following or related posts on the latest statement by George Soros:

Soros agrees that there is an "oil price bubble":

Soros sounds alarm on oil 'bubble'
Jun 03 2008 05:06

Billionaire George Soros is to tell US lawmakers that the ability of investment institutions to invest in the futures market through index funds is exaggerating price rises

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http://link.ft.com/r/ZE9K33/N1IGC/SCBQ/Y6E6X/A5R6H/9A/t

Prabhu Guptara