I'm game.
If disruptive terrorist/sabotage attacks take place against the oil fields of Saudi Arabia, we could be looking at well over $100 in total panic buying. OPEC's "nuclear" Iran is another wild card in the making.
Those suckers who laughed when crude had reversed back to $30ish during the Fall of 2003, and I repeatedly stated she was heading to over $50, I bet with every fill up they are crying, not laughing.
No need for a terror strike, OPEC is constraining supply and the Envirowhackos have constrained refinery capacity....so November 3rd at 9:51am EST the Nymex spot crude will hit 100 dollars...because we will have to little heating oil, too little Natural Gas, and to little crude to supply the Chinese, this confluence will kick our butt.