It would not surprise me one bit to see oil go to $100-150 per barrel if.........the worldwide economy goes in the recovery mode.  If that happens manufacturing would ramp up which would put put pressure on oil prices.  Along with that the money would start flowing which would put the economy in the inflationary mode.  As we saw with input prices on the farm during the $7 corn spurt those supplying raw materials are not bashful about raising prices when the opportunity arises. 

We can either stay in a recession which will put a damper on oil prices or let the good times roll again and see oil prices go through the roof.  Either way it does not look good.

People had better be preparing for high oil prices by making decisions which reduce the impact high oil prices will have on them.  Better safe than sorry.