try 250 dollars a barrel.
it may go to 150 before Bush is out. Everyone is thinking on a nominal basis, but they aren't thinking on is a future inflationary expectation basis and a panic.
When the troops pull out, oil will skyrocket as the oil gets cut off. After the impeachment, and a new president, redeployed forces will bring the price back down to its pre-liberal levels. But it will take many things- like what the great yoda said:
"Fear leads to anger, anger to hate, hate to suffering."
we still aren't angry yet at the muslims.
The oil still has to quadruple in price before americans get angry. Once they see their jobs gone, then they will hate the muslims, and finally we can have suffering.