He says there wont be "time" to short oil, is this hilarious or what, does he actually think triple digit oil prices can be sustained in this economy. When does the hype in the commodities market end, everything is just outrageously over priced and it has nothing to do with supply and demand!!! Oil will fall 10X faster than it rose when commodities finally correct. Never Short Oil In 2011? Published: Tuesday, 11 Jan 2011 | 1:46 PM ET By: Drew Sandholm Halftime Report As U.S. oil prices continue to climb, there won't be a time to short oil in 2011, said Joe Terranova on Tuesday. "For all of 2011, you're either long oil or you're flat. You're never short oil in 2011," said Terranova, chief market strategist at Virtus Investment Partners. Oil prices [CLC1 91.27 2.02 (+2.26%) ] rose sharply on Tuesday, as a production platform in the Gulf of Mexico curbed more supply on top of the shut Alaska crude pipeline still keeping more than half a million barrels per day of output offline. "Supply disruptions is something we've not had to deal with and now in this demand recovery, if you have slight supply disruptions oil is going to go a lot higher," Terranova said.