If this kind of growth keeps up for a couple more quarters, oil will be back up to $90@barrel by next fall—or sooner.
Brent oil $90 to $100 in 12 to 18 months: Pickens
http://www.cnbc.com/id/102291371#.
Energy entrepreneur T. Boone Pickens predicted Tuesday that Brent crude oil will be at $90 to $100 barrel in 12 to 18 months. “The world got along fine with $100 oil,” he said on CNBC.