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Asleep At The Pump | Air America Radio: "CBS News has found that a large amount of all oil futures trading is done offshore right under the nose of the administration, with its full knowledge, all with no oversight at all from the federal government. And Big Oil, Morgan Stanley, and Goldman Sachs are quite happy with this arrangement, with the two Wall Street houses being responsible for setting up the all-electronic offshore exchange that now trades 50% of all global oil futures contracts. The Bush Administration went along with it, just as they went along with whatever the Wall Street investment houses did in the credit and mortgage markets."