Oil Markets: Where is the Common Sense?

Editorial by Geoffrey Lakings for Industrial Info Resources (Sugar Land, Texas)--Bulls are stampeding because of perceived short supply driving tightness in these crude (and product) markets. However, in IIR's recent Market Scorecard, I inquired about where is rational, common sense--even being foolishly willing to get in front of this rampant Bull Train--to indicate we should see some retracement in price this week.