Ross Healy says it is a bubble starting to remind him of the tech bubble and Jeff Reuben (CIBC economist) says oil will keep going higher and higher from here. Who knows who to believe anymore but one would think that these prices are going to cripple the emerging markets as they may be emerging but they can't afford these insane prices for oil and all other comodities for that matter. Interesting to see how it plays out. I am starting to think that Ross Healy is more believable then Jeff Reuben. There is a magic # where it just becomes unreasonable and we surely are getting to that point now
