$150/barrel oil, here we come.
According to both Chevron's CEO and Exxon's SVR, oil stocks are getting very low. in 2-3 weeks, the cushion will be gone and it will take 4 months to get the oil markets settled down. This will shoot oil up to $150-160 overnight. We are reaching the shortage danger zone. Trump has to shit or get off the pot.
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Dick, I agree; they probably should already be $150 given rational, supply/demand fundamentals. What troubles me, deeply now, is that a handful of people in the world, all over the world, can manipulate oil prices so easily.