Oil Bubble ready to pop?

[Diesel Monkey]

Oil Bubble Set to Pop Crude to Fall 25 Percent in 6 Months Says Invesco's Garnick: Tech Ticker, Yahoo! Finance

Some talking heads on yahoo are suggesting the oil bubble is going to burst.

[bigcountrysg]

Again I am predicting 2.00 dollar a gallon diesel by the end of summer.

[REDPOWERSMOKER]

Originally Posted by bigcountrysg

Again I am predicting 2.00 dollar a gallon diesel by the end of summer.

I SURE AM HOPING SO

[bigwhite7.3stroker]

I'd be happy for it to get back under $4.00 a gallon its $4.92 in some spots here in FL

[Mike6176]

Originally Posted by bigcountrysg

Again I am predicting 2.00 dollar a gallon diesel by the end of summer.

If we all say that like the speculators, will it come true?

[AFBLUE]

Originally Posted by bigcountrysg

Again I am predicting 2.00 dollar a gallon diesel by the end of summer.

I wont hold my breath waiting, but I would love to see it. I am pretty cynical in my thoughts about it, but I sure the biodiesel companies would take a smack to the face or go out of business and the price of WVO would drop thus making it easier to find WVO!!!

[Clay Henry]

this is interesting...

[cchase]

i would crap my pants, and fill all my tanks... and store it, because it wont last!

[GM Duraturd]

can you explain as to why you think it will drop to $2.00? Just curious. Man I hope you are right

[willholl79]

Originally Posted by bigcountrysg

Again I am predicting 2.00 dollar a gallon diesel by the end of summer.

I hope your right. But..........I don't think we'll ever see it under $3/gal. Hopefully I'm wrong.