The bottom is in near-term, huge rally coming as xom, cvx, cop, all come back to earth from being at the top of ttheir trading range, plus new futures contract cl sells off 3 dollars tomorrow at least!
Shorting anything relating to oil will lead to losses. It is headed to $150 and nothing will stop it short of a major supply increase or government intervention. June contract is already trading at $118.20 BTW.