whats amazing is that analyists are saying this is just a buble caused by a cheep dollar... which is true in that the dollar has gotten its ass kicked for a while now, as everyone knows.

but seriously, whenever a news story comes out about how al the janitor didnt turn off the lights at the refinery on his way out, gas prices prices skyrocket.

my guess, and this is only a guess, if oil does go back down to 80/ barrell this summer, it will be there just for a minute, where everyone will be liquidating everything they own to get in on the action, and that 80 / barrell will be right back in the mid 90's in no time.

incidentally, if you bought an futures contract at $80 / barrell and it went up to 95, that would be a 15 dollar swing per barrell, and a win of $15,000. do to margins (leveraging) you could do this with just a few thousand dollars.

or, if you believe the experts, and think were headed back down soon, you could make even more if you bought near the top, say at 110 and then rode it down to 80, $30,000.