Oil is hovering around $30 a barrel, down from over $140 in 2008. Some analysts are predicting oil dropping as low as $15 – $20 a barrel, but the larger consensus is that we are somewhere near the bottom. There’s increased supply from domestic fracking and OPEC’s inability to put a freeze on production. Combine this with a slowdown in demand from China, and prices have taken a dive over the past couple years. Oil isn’t going anywhere though, and it’s a great time to get in while it’s cheap….