I am not an oil analyst beyond just watching the price and the tanking dollar. However I often wondering how hypersensitive oil is. Seriously, I read the news and it's not stuff like;
"Oil refineries blow up in Saudi Arabia, oil jumps $5 a barrel."
"Potential terrorist attack in Iraq trigger supply concerns; oil up $3 a barrel."
"Oil traders in general poopy mood; oil up $175 a barrel."
"German eats burrito then farts in a westernly direction; oil jumps $6 a barrel on global warming concerns."
"Somebody, somewhere did something and sneezed; threatens inventory levels; oil gains $5.19."
So for all you oil firms, oil traders and OPEC nations, save up that oil money. Not going to last forever.