Opposing ViewsFor every arguement there is a counter arguement possible. For example Citi analyst is calling for $65 oil by the summer citing a ramp up in production. Eia is also calling for oil to drop as more becomes available by the summer. Others argue that supply is too far behind to be rectified by the summer. It all depends who YOU believe at this point. I am convinced that it will take at least a year before supply meets demand requirements. Maybe I am right and maybe I am wrong but that is my position. Make your own decisions.
Mas