[montag813]

"I don't think it's going to go to $US100 but if it does, the crash is going to be even more spectacular," he said.

Uh, and if it goes to $200 it will be even MORE spectacular. Sheesh, what a silly comment. Forbes should stick to the flat tax.

[WOSG]

Montag, the point with that comment of Forbes is that he wont be proved wrong if oil temporarily goes higher.
If it hits $75 next month, you can't just say "oh, I guess it's not a bubble" ...
It will only not be a bubble if it never crashes.

There are so many supply/demand reasons why $70 oil is not sustainable. that's his point.

SHORT OIL.