"Oil Will Tank To Below $80 - Equilibrium Price is $50"

Quote from ByLoSellHi:

makloda, I don't want to hear any trash talk from you.

I am posting these because the authors manages to bring up some points that I've yet to hear anyone make before, despite the plethora of oil-centric articles (for obvious reasons) lately.

In my opinion, the author's analogy between crude oil and California real estate does not have the kind of strong correlation that he implies it to have. It's a stretch, at best - - - especially on the supply side of his argument.
 
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