Best ETF or ETN that has inverse relationship to price of Crude Oil?

Quote from Charly:

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2 possibly dumb questions:

USO is which exchange??
what are EMS??

Thanks for your help.

Ch.
More...

USO is on the AMEX

EMs (e-minis) are futures
 
I also believe the price of oil will drop significantly over the next 2 to 3 years. I am considering buying $XAL.X which tracks the Airline Industry. My logic is that the price of fuel has increased 80% for the airline industry over the last 12 months and it accounts for a significant operating expense for airlines. The price of $XAL.X has dropped like a rock as the price of oil as gone up. Since no one really knows when the price of oil will reverse, I am thinking of buying $XAL.X in blocks in 3-month increments (dollar cost averaging). (Obviously, the Airline Industry is having other problems - but the price of fuel seems to be their biggest problem today.) I have not started buying $XAL.X yet, and would appreciate another opinion on my logic before moving forward.
 
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