Price recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….
