Its high time, we should stock up oil

The United States, as well as almost every other major economy is in the middle of a historic recession, and there are economists suggesting it will only get worse before it gets better (possibly depression levels). So, as oil prices are at levels we haven’t seen since 2003, and 76% lower then they were at their peak just last year, is it time to load up on Oil investments?
Here is why:
Like stated above prices are at $35 per barrel compared with $150 last year. Of course they’re lower, there’s much less demand, and the economy is in a terrible funk. Why will prices likely double or triple over the next 24 months? Most suppliers of oil, those who drill it, are cutting back drilling, reducing supply in order to just meet demand. This means when things begin to pick up, there will be an initial shortage. Also, as the economy turns around, inflation is going to jump up significantly since the world governments have poured trillions of dollars into the economy. What happens when inflation rises? So does oil. Just like speculators drove oil up to sky high levels just last years, the same speculators are driving prices way down by shorting, selling oil they don’t have.

So, how would you invest in oil?
It is simple. If you’ve a stock brokerage account, simply purchase the Exchange traded fund with symbol “USO”. This tracks oil prices, and will put you in the best possibly position for when oil rises. Back just last year dozens of investors look at the $150 per barrel prices and exclaim, “wow, only if I invested in oil back when it was $50 per barrel.” Well guess what? you can invest in it now for just $35. There are no guarantees in the investment world, however if there was anything close to a guarantee, it would be that oil prices will at least double within the next 2 years.