I agree, oil will go higher, but I think, short term it will be some redistribution over here before it can go higher. We may see some minor pull backs, so new investors can step in, unless something major happens to push oil price over $50. Also with OPEC exporting at highest level ever in April, it does not go much higher for now. I think we should pause for now and wait until it starts moving higher and perhaps over $50 before investing more.

GLTA