stay away from Oil people. Oil is not coming back until they destroy Russia, Iran, Venezuela, Small Oil companies around the world, and Canada Pipe Line prospect.
After all the new oil investors are being robbed off the first world will switch to renewable energy and third world will be left to use up the remaining dirty fuel until they switch to renewable too. In 10 years first world should be out of fossil fuel and third world might join them in 20 years.
Rothschild have already devested from oil.
Al Gore said..carbon bubble is going to be bigger than housing bubble
After its all being said and done the more important question will be to ask "why the hell did people pay $150 per barrel for Oil" ? Saudis were pumping gas at $16 per barrel and they partnered with Bush family and USA to sell them for $150 per barrel.
All Other Countries – Average $9.95 $15.13 $25.08
Canada $12.69 $12.07 $24.76
Africa $10.31 $35.01 $45.32
Middle East $9.89 $6.99 $16.88
Central & South America $6.21 $20.43 $26.64
If the world was fair and Global prices were not manipulated by the big powers the OIL should have remained near $20 - $30 per barrel. They shot it all the way up to $150 and got themselves out of that investment. This is called distribution in stocks. You own majority of the stock, then you take it up by just selling it to yourself and then you distribute it to the herds at the top of the price and the herds are left with holding the bag forever.
Saudis, Bush Family, and USA has already cashed in their oil investment. Now they are invested in renewable energy and will convince the world to go into renewable once they hold all the renewable technology. The cycle never ends.