Now we might get to see if the price stabilizes for awhile now (again).
When with all the so called "answer wizard sooth seers" providing us with so much insight into the rising oil prices. I am talking about all "reasons" that us poor schmucks can't understand for the rise in prices so suddenly. This all going hand in hand when the demand has not changed so suddenly.
This is "supply and demand" at its finest.....
The supply goes below demand until the price goes up to a target value. Then all the sudden, supply and demand are once again in balance and the price regains its stability.
The key word is price.
Jim