Oil prices may advance to record levels in the future because of depleting reserves and a lack of major field discoveries. Reserves of oil are going down all over the world.
The price of oil has to go much, much higher.
Jim Rogers is a legendary investor known for his ability to predict major long term trends in several markets. Jim trades and tracks commodities, stocks, futures and interest rates all over the world. Jim has travelled extensively around the world and has written some of the best investment books available for traders. His latest book is a Bull in China, a book about the chinese stock market.