[oilluber]

have traders sold down oil and gasoline futures in anticipation
of the shoulder season before winter ??

Has oil topped out for now ??

any opinions ??

[Revi]

I think it's topped out, but only for the rest of the year. (maybe just until early November when the elections happen) I'll bet that it goes up again next year and stays above 80. It could be that the price of a barrel hits around $100 by the end of next year. That's the breaking point for most people's budgets.