Nonsense. If oil hits $100.00 in 12 months UWTI will be up so many bags "beta slippage" won't matter in the least. 500% minimum. Perhaps with no slippage it would be up 525%, I can live with the 25% less. Plus there is always a chance the price rises so fast we get premiums on the way up where 500% becomes 700% just like DWTI did on the way down.