Tornado Alley (PROG)

[F6]

James R Costanza -- that one



ends in 2008 a little before the all-time high (sorry, didn't mean to be obtuse with that, the point I was getting at there was in a longer-term perspective)

here's one ( http://finviz.com/futures_charts.ashx?t=CL&p=w1 ) that brings that chart up to date:



coming straight off the (heavily highly-leveraged-speculation-driven) all-time high, the oil price did indeed 'correct' rather spectacularly once the earlier stages of the financial blowup/credit markets lockup really started to hit the real economy here and abroad, with the further unfolding and climax of the blowup/lockup all the way down to those sub-$2/gal gas prices right around the time Obama was sworn in -- a good chunk of the rebound from those oil/gas price lows has been essentially inevitable as economies around the world have since found some footing and started getting going again, a chunk which has largely tracked the ebbs and flows of that process; the bulk of the rest, again, speculation, including as propelled in this particular period by the situation with Iran and resulting sanctions and war talk/risk/prospect