Energy Meltdown: Crude & Gas

The Oil Bubble is unwinding:

1. "A Hedge Fund'’s Loss Rattles Nerves": Fund loses ton of money on natural gas. The volatility seems to have increased recently due to hedge fund's influence.
   
2. "Oil's Rout Outpaces Its Advance": In six weeks, crude has dropped 18%. There seems to be too many speculations priced into the crude for now (hedge funds, etc). And like any bubbles, things are going to fall more than "fundamental value."
   

[For those who believe in Peak Oil, now is the chance to buy low and sell high later....]

When will we hit bottom? Hard to say but since much hype was priced in, those "wishing premiums" have to be taken out first....