"The Iranian situation has inflated the price slightly because of the unstable military over there," says Cargile.
Cargile says oil is probably about $10 higher than it would be without the threat, so we'll more than likely see that pull back eventually.
While the threat to cut off that oil supply is undoubtedly still there, he doesn't believe it will stay that way for long.
"Even the dictators in Iran want to stay in power and to stay in power, they have to have money. They have to sell oil."
That said, it's not in their best interest long-term to disrupt the oil supply.
"I do believe it's only a threat. It's just saber rattling. But in the long-term, I don't believe they'll do anything," says Cargile.
In the meantime, we can enjoy the higher price of oil. But Cargile says when the price drops, that's when you'll want to invest. "The main thing I can tell investors is just be aware that when the price does drop, that will be a time to commit more money to energy, not to take you money out of energy."