Earlier this year, I told my wife we’d see $100 by labor day, steady mid $80s by end of the year.
That’s the price our economy can support for any extended period. It’s not an ideal price for us, but we can support mid $80s. Any sustained price point beyond mid $80s is simply damaging enough to the economy that demand will automatically plummet.
I agree but would love to see it around $60.