If we see that chart to me it's hard to think that we wil see next top within a few years let alone 200 $ oil.The so called peak oil theory is put in the fridgerator for a while I guess.

I agree oil will go up but not that fast like the media was writing.After all it was just a big bubble that is loosing steam right now.

Most positive is the inflation will go down and Central banks can drop the rate again to stimulate the economy.

Now it's a good test to see if DG model will work .Now that oil is gone down a big chunk the refinary must now be in favour to counter the drop in sales of bitumen.