Highest: $86/bl in October, after continued nastiness everywhere topped with a big hurricane in GOM.
Year-end: $77/bl
Natgas highest: $21/mbtu after the October hurricane
No $100 oil this year, because there will be no war with Iran (please!)
I might be deluding myself on that one. :( Peak oil is not an energy crisis. It is a liquid fuel crisis.
Hopefully this is just market psychology. Peak oil is not an energy crisis. It is a liquid fuel crisis.