The Oil Bubble
 

An interesting take on the rise of oil prices.

http://www.nj.com/business/ledger/index.ssf?/base/business-9/121350453030820.xml&coll=1

nice and uncomplicated read

I agree completely even though there are commodity traders who argue against it, even on this board.

Dot-com, then real estate, then gold, then oil, what's next? I'm betting big-time on natural gas which is already starting to move.
China natural gas already has me giggling like a school girl.

Wow, it's like someone copied what I've been saying from Pelican...

History has proven that any time any commodity doubles in price in one year, be it a house, the stock market, etc., it is always a bubble. Oil is no different.