Oil prices

[bchris02]

We need balance. $150 oil is just as bad as $40 oil. $80-90 seems to be a good equilibrium for now. Just as $1000 one way to DFW is just as bad as $19 one way to DFW. $130 is good!

Agree with this 100%. Oil needs to be in a range where producers can be profitable but it cannot be so expensive that it chokes off consumer spending like it did when it peaked in 2008.

It seems like now we are seeing a complete reverse of the situation we saw in the summer of 2008.