I dont understand why people keep saying oil will drop below...

I dont understand why people keep saying oil will drop below $100.Dont be silly...it touched $145 and and its running out.its like petrol prices they go to $1.60L people get used to it and it will stay there.remember Business is Business.

This lul in oil is because of olympics and they finish next week.

Also remember steel and all comodities can be recycled,but oil and gas is gone forever once it used.

so all this crazy talk about oil settling below $100 is nonsence being spread by european and US media.and if they dont want to buy it China and India will.