Moses

1,238 Billion Barrels of Oil Reserves: Is This an Oil Price Bubble?

Logical arguments like these will never grab the headlines, instead when Johnny Speculator predicts oil is going to $200 the media plasters it all over the front page. This is so like the dot com bubble its scary. I just wonder what it's going to take to make everyone wake up and realize this is ridiculous. When it happens though oil is going to plummet.