And let's hope they do it. Everyone is fearful of a 'double dip' recession, the tentative green shoots we're seeing in world-wide trade and porperty values being choked off by the shortage of bank lending and rising commodity prices, chieffy oil. Bank lending won't recover until the banks think they have enough capital to lend as usual, and that won't happen until the regulators decide how much capital they need and they've written off all their bad loans (more bad loans meaning they need more capital). Oil prices should be at about $20 a barrel if were they just the product of supply and, much reduced, demand. But speculators, including a rogue trader last week who chose to place his bets at two in the morning, keep trying to drive the price up, knowing they can sell at a profit when all the other suckers, like airlines trying to hedge their fuel bills, pile in after them. So oil's about $70 a barrel in the depths of a recession. In the US you aren't allowed to speculate in this way on the prices of agricultural products. So why should oil be free range? C'mon Barack Obama, put the oil spivs out of business.