That was an obvious and clumsy attempt to manipulate the market.
That price forecast may come to be considered very cheap. Think in terms of the "worst case scenario" of what possibly could happen to effect the price of oil adversely.
1. King Fahd dies and the 'next little prince in line' is assassinated;Which brings me back to my central theme: Depending on oil for our fuel supply is foolishness beyond belief.2. Venezuela decides to nationalize foreign oil companies and begins cutting oil production generally;
3. Wahabbi militants take control of Saidi Arabia and at the same time force Musharraf out taking take power in Pakistan;
4. Pakistan's three stealth submarines equipped with nuke cruise missles are now in the hands of Islamic militants running their military.
The U.S. must develop cheap alternative enegry sources. Out national security depends on new technology, like the program suggested by Hodar. Converting Shi'ite to fuel is a great idea. We need this new fuel source "like yesterday." Otherwise, we are being led over the cliff like a bunch of confused lemmings.