The Coming Oil Crash

I do not have a high level of confidence about what crude oil prices will do in 2008, although I do expect them to pull back dramatically at some point even if they do push somewhat higher above $100. For an interesting perspective, check out the article on Portfolio.com by John Cassidy entitled "The Coming Oil Crash" which argues that the price of crude oil is likely to come back down to earth, although he is careful not predict a date for that "inevitability."

-- Jack Krupansky