just showsdon't bet the farm on 1 poney.
Also shows that crude oil (hence other commodities) will be kept at these levels or higher since cheap oil days are over. The costs to get news oil on the market is increasing constantly and not much can be done about it , like it or not, since new significant oil discoveries are very very difficult to get....as opposed in the 70's when 50,000 boed discoveries were often.
Now...you can only dream about it. It's more like 1500 boed!!!