See this article: http://www.bloomberg.com/apps/news?pid=20602099&sid=aaB36ADPBX.I

I thought the world had a supply/demand imbalance (oversupply) of a couple million barrels per day right now, and everyone was worried about reserves increasing so much? If OPEC is back at their December 2008 numbers, that should be a bit of a hint that within 3-6 months, we'll be back to the global production numbers that took us to $147 in the first place.

I was a bit confused when I read this article. I'm a little leery that this could eventually put oil back up over $100 within 6-9 months, which, when paired with impending commercial real estate writedowns, could cause some more serious financial turmoil.

You'd think this would be a time for me to be more upbeat, especially after Crobsy's goal earlier this evening.