Well then, how about some easy reading for everyone?
http://news.yahoo.com/news?tmpl=stor...e_050303134221
"KUWAIT CITY (AFP) - Prices of crude oil could surge to
as high as 80 dollars a barrel within the next two years but such a level would not last long, OPEC (news - web sites)'s acting secretary general was quoted as saying.
"I can affirm that the price of a barrel of crude oil rising to 80 dollars in the near future is a weak possibility," Adnan Shehab-Eldin told Kuwait's Al-Qabas newspaper.
"But I cannot rule out (the possibility) of oil prices rising to 80 dollars a barrel within the next two years," he said on Thursday."
Like I said, it's getting to the point where it's actually going to start making economic sense to use domestically produced ethanol and biodiesel rather than importing more oil every year. I see that as a good thing really. Ethanol and biodiesel are cleaner than gasoline and petro-diesel, and they provide a means of getting away from depending on other unstable nations with unelected governments to supply us.