Bullish on Oil

Crude just hit $13. either we bounce here or oil is dead forever.
Long term, i think its very unlikely for oil to stay this low for long.
Just look at these companies break-even cost for oil.
www.reuters.com/arti...ce-war-idUSKBN20W21S
to summarize -Russia break-even cost $25-$30 per barrel
I would imagine that applies to most of the middle east countries.
In addition to that, most oil reserves around the world will be filled to the max by end of April so once it bursts, they will have to pay people to buy oil lol.
we know that's not happening.

Why is oil price so low then?
because in the past few years, american oil company started to dominate the world market, we were producing tons and tons of oil and selling it, thus driving oil price down. the opec no longer had a monopoly and there is no better opportunity for them to kill these american oil company than now.( i know it's horrible for us )
So with the demand driven down 75% due to corona virus and they increased their supply by 400% ( that's a huge surplus)
they instantly crushed the oil price and are forcing a lot of the us shale company to go out of business because their balance sheet was already weak. a lot of them are in the process of pending doom so they are kind of putting a clearance sale on all their oil at like $8 a barrel.

Btw, 1 barrel is 42 gallons. if oil is $13 a barrel, that's $13/42g= .31cent per gallon.

so?
I would go long at $13, and continue to add more every $2 drop. on longer dates.
or do uso.