[TWohlford]

Uh, I'd love to see it get back down to $40-$50!!!!

At $50, I'm pretty sure that various alternative energy sources and conservation techniques will be viable. In addition, tons of American oil that isn't worth the hassles at $35 a barrel will now be worth pumping again.

With the notable exception of Saudi Arabia, the OPEC members who did the embargo in the '70s (and then doubled the price) have all fallen on hard times since. Just a note.

[AnOldCowhand]

Not a tree hugger, but I am all for alternative energy from a strategic standpoint. If we don't need oil, we don't need them. The cash flow into these little sh*tholes around the globe will dry up and they will slip back into the irrelevance that they deserve.

[The Duke]

Higher oil prices should also have a positive affect on communities as, in some cases, it becomes more reasonable to produce items closer to home rather than transport them half way around the world.

As long as we can afford the nonsense of bussing school kids across town all day ever day, oil prices can go higher.