David Fuller's view You may wish to read at least the first paragraph on crude oil (weekly & daily) very carefully. If their evidence is correct, and it makes sense to me, then we are very likely to see a sustained upward break from the long trading range next year. If not, I suspect the restraining factor will be even less demand in the USA due to the abundance of cheap natural gas (weekly & daily), mainly from the domestic shale supplies. However, natural gas shows clear evidence of base formation development.