Just be careful not to believe everything you read. Just because its CNN Money doesn't mean its gospel. You can't compare oil to the housing bubble or the dot com bubble. Oil is a COMMODITY traded on an exchange, by professionals that make HUGE amounts of money to work these markets inside and out based on complicated technical analysis.......real estate and dot coms are not. They are wrought with amatuers and dumb money based on emotion. Commodities work in very different ways compared to any other security. Lets just keep in mind that only 5% of oil futures contracts actually physically take posession of the oil. That means 95% of futures contracts are bought and sold (or borrowed and sold in the case of short sales) and very shortly are unloaded before delivery. This system is RIPE for manipulation and now that many variables favor market manipulation, speculators are taking advantage of it. If you feel the need to ignore this, stick your head in the sand, cover your ears because it doesn't feel good then fine. It doesn't negate the fact that speculation is a MAJOR driving force in this over inflated oil market.