Are oil markets experiencing a bubble?

[Richard Warren]

Here is an interesting article that compares the current climb of oil prices into the stratosphere with the recent housing bubble. The theory is that the oil market is as unsustainable as the housing market was. I hope they’re right:

http://money.cnn.com/2008/06/06/news/economy/tully_oil_bust.fortune/index.htm?postversion=2008060610

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