The shortage of crude oil gets worse and worse and the price is going to go much higher

Jim Rogers : [Crude Oil Price] depends on what happens in the world. As I said if Spain goes bankrupt, the oil would go to 50. If Iran and Israel go to war tomorrow, it would to go 200 straightaway. It depends on what happens in current events looking around the world, but basically the shortage of crude oil gets worse and worse and the price is going to go much higher.- in ET Now