inflation adjusted oil:
http://inflationdata.com/Inflation/Inflation_Rate/Historical_Oil_Prices_Chart.asp
since 1940, lowest inflation adjusted price of $41.70.
we are leeps and gallons under (by standard deviation terms). clearly artificial manipulation as price this low cant be sustainable or profitable to many.
look for a gradual then sharp rebound. Saudi losses have to be recouped. Oil maintenence must be paid.
Warren Buffet is bullish on oil stocks, page-8
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