Do you think the oil price now is similar to the internet bubble in year 1999-2000 and going to burst soon?

ChiefEditor's picture

Submitted by ChiefEditor on Mon, 06/16/2008 - 12:37.

Yes. Very similar. Oil price is in extreme bubble at $140-$150 range and is going to burst within the next 3 months

23% (7 votes)

Yes. Somewhat similar. Oil price is in a bubble and may burst within the next 2 years after it reaches $150-$170 range

23% (7 votes)

Neutral. Oil price is fairly valued and is going to fluctuate between $130-$150 in the next 2-3 years

26% (8 votes)

No. Somewhat different. Oil price is still undervalued due to strong demand and lack of supply and will go up to $170+ this year

16% (5 votes)

No. Very different. Oil price is extremely undervalued and still have room to go up significantly to $200+ in the next 5 years

13% (4 votes)

Total votes: 31

Oil price is tricky - It may stay high for a very long time! by Anonymous

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