Natural gas is comming back up off of the mat and had a 3.5% move today alone....in the next 6 months it is going higher....as for Oil it is the same supply and demand issue that existed this time last year and it likely won't go to $140 in the next year or two but I can't see it not going back to that level in the next 3-5 years. Short term it should be pulling back as should our dollar.
http://www.eia.doe.gov/emeu/ipsr/t14.xls
Could be worse things to have in our ground.....
2009 World Proven Crude Oil Reserves : BBLS
1. Saudi Arabia : 266
2. Canada 178
3. Iran 136
4. Venezualia 99
others :
US 21
China 16