It allows the markets the ability to experience shallow pullbacks, creating a perfect technical picture, while the fundamental scenario on both a micro and macro level continues to improve.

FORBES: How Skepticism Gives Rise To Booming Bull Markets

Long before we run out of the cheapest shale oils that are now fueling the current American oil boom, and long before bio-engineers convince bacteria to excrete oil, hydrocarbon engineers will perfect cheap coal-to-liquids. (For a measured technical exploration of all this, see the National Academy of Sciences report.) The latter will unleash another boom.

FORBES: The International Energy Agency Catches Up With America's Oil Producers