I had exactly the same problem and before I knew what it was, I took my car back to the dealer and he told me that's what it was. He had their detailer come out and remove it and buff it out. Since then some more has blown up from under the edge of the hood above the headlights and I was able to remove it myself using Armor All Car wash solution. It looks ugly, but it won't harm the paint. As the guy who started the thread noted, it attracts dust and dirt and starts looking pretty bad after awhile. The actual cosmoline itself is clear, sort of like Vaseline.
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