Oil Prices Are Going to Go a Lot Higher From Here, Right?

Oil prices tend to correct volatiley, and i don't even know if artwood would really take ino much disagreement with you there on that main point. In his forty years in the industry, he's actually found that psychology was much more predictive of oil prices than actual, like, real data is an base. The fed is doing what it can on the demand side, right? And by just slowing the economy, it slows the total global demand for oil. That eventually is going to bring oil prices downThe same way that raising interest rates is going to increase mort prices and brang housing prices down as well.