"Q. "Why would it be different this time?"

A. Uh, ever heard of peak oil?"

So, peak oil precludes market corrections, loss of demand due to high prices & deep recessions? It is impossible that high prices cannot moderate demand? Political constraints on production in the US, Mexico, Iraq, Iran, Nigeria, and Venezuela will never change? There can be no market bubbles due to foolish speculators? Oil prices will always move in a never varying line upwards. Gone will be all those little (and sometime large) squiggles that are so common in commodity charts? If you believe that I suggest you put every dollar you can beg borrow, and steal and go long in the future market. You can't loose, right?

I didn't just fall off a turnip truck.

Did you even read the comment I responded to?

Ah, a clue to the secret new crop in Willits this year. [heh]