[shove_it]

"The fear which drove the price up rapidly will drive the price down just as rapidly.

Then with lower prices, it's not profitable to drill and we're right back where we were ten years ago and my SUV is cool again.

[Donald Rumsfeld Fan]

"The fear which drove the price up rapidly will drive the price down just as rapidly. Then with lower prices, it's not profitable to drill and we're right back where we were ten years ago and my SUV is cool again.

The price will stabalize at a point that makes it economical to extract the hard to get oil. i.e. deepwater, shale etc.

My guess $50 to $90 per barrel.