Oil: let's go again!

Oil gained the most in 16 weeks yesterday and gasoline jumped 5.6 percent after a report showed U.S. consumer confidence neared a five-month high.

Are we in the up-side of the cycle, again? After touching 80 dollars a barrel, the down-side came until 50 dollars. Today we have witnessed to a significant up! Is the “ethanol Bush Plan” a clue to a new skyrocket oil price?