| I think oil is experiencing a bubble just as the US housing market did. The huge pool of investment money is looking for places to park. Right now it's oil. When it falls back the money will look for some other place. Maybe Brazilian real estate. Who can guess?
__________________
As a kid I always thought my nickname was "attaboy" until I realized they were rooting for the dog: "Attaboy, get 'em! Get 'em!". |