The last 2 oil bubbles were 30 years apart. 1974 and 2004. If you think oil will go above $100 in the short term history has proven you wrong.
The only reason oil went that high was speculation, and fraud. Supply and demand had absoluting nothing to do with price. If you got the lastest email from s.o.s it as a report on how the bubble happened due to lack of oversight. Oil was trading by hedge fund CEOs negotiating the price in their basements of their houses. lol
I have never seen such government failure in my life time since what I read about the Stock market in 1929.
The only reason oil went that high was speculation, and fraud. Supply and demand had absoluting nothing to do with price. If you got the lastest email from s.o.s it as a report on how the bubble happened due to lack of oversight. Oil was trading by hedge fund CEOs negotiating the price in their basements of their houses. lol
I have never seen such government failure in my life time since what I read about the Stock market in 1929.