The price of oil has had me perplexed for the last couple of months...so I have done some more research... I have concluded that the world CB's have used the poo to keep the world stockmarkets elevated to instill calm in the markets...the problem now though is they have created another bubble...historical data shows us oil company Pe's at 20 to 25...current us oil company pe's are over 100....so when this hastily manipulated bubble pops stockmarket will get very very nasty..pog of course will go ballistic.....
Move that dirt...
copyright link/business/2016/04/29/dallas-fed-cautions-on-fresh-oil-bubble-as-glut-keeps-building/
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