If the speculators are not to blame, what about the oil companies, which have failed to increase output in spite of record profits?

ECONOMIST: The oil price: Recoil | The

Led by our modern computer output, all of their forecasts failed.

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Every Seattle starter had at least one of its season-high 16 hits and Jesus Montero was the only starter who failed to score a run in the Mariners' best output this year.

WSJ: Hughes roughed up by Ibanez, Mariners

Five of the past six full-blown recessions have included a double dip: output rose briefly as inventories turned around, but then fell again as final demand failed to follow through.

ECONOMIST: World economy