not wishing for unheard of prices just pointing out the "inevetability".I have said repeatedly how I beleive in "PEAK OIL" and unless alternatives are brought on stream ,there will be dire consequences,not the least of which are those descrbed in BKMs post.Present day economic woes were not brought on by high bbl prices,but rather unscrupulous traders.

A gradual rise to $100+ is inevatable but will be gradual,the sooner alternatives are brought on stream the better this planet will be ,but the scarscity of Oil will be the reason its price will escallate in the logterm,short term DEMAND will dictate ,hopefully the powers that be will act responsibly ,OPEC seems willing to alow a gradual rise,lets hope that GRED does not rear its ugly head eh!