You may think that the current oil price is just fair because it's almost over, etc... But the truth is that if you think twice then you will certainly understand that your thoughts could be a little bit too wring and you may wish to plan your ideas!
Just read this CNN extract:
"
So it raises the question: Is $130 oil nothing more than one big bubble?
The answer depends on who you ask.
"A bubble is where supply overwhelms demand," said Stephen Leeb, an investment manager who has authored two books on oil scarcity.
Leeb pointed to previous bubbles - like the tech bubble in the late 1990s where companies with zero earnings issued massive amounts of stock, and the real estate market a decade later where home builders went on a frenzy, overshooting the number of homes the market could absorb."
Best regards =)
