[jhv48]

Originally Posted by 86Sebring

"Record oil prices are inflated by speculation and not justified by market fundamentals," according to Gheit. "Based on supply and demand fundamentals, crude-oil prices should not be above $60 per barrel."
read here:
http://www.marketwatch.com/news/stor...%7D&dist=msr_3

So was the housing market and look what happened to the price of homes when that bubble burst. All commodities have a some sort of boom and bust life cycle. I think oil is very close to bust!