Based on the current trends (i.e. gas/diesel is up almost $.50/gal in the past month) that oil will be going up ... $100/barrel? Maybe.
The oil companies/Arabs want their profits back.
And please, I don’t want to hear about high oil prices benefiting the economy ... we are all finally getting a break from the ridiculous $3.75 - $4.00/gal gas and now we are heading back to that phone/bologna price.
$1.98/9 here in mid-Missouri.