I think so too. The high prices will be maintained, in any way, for the benefit of the producers. The recession, no matter how deep, will be of no interest to them. Just cut production. 'Market forces' mean: I have something you need to stay alive and I can set the price. Even if Coleman is right and prices go down because of less demand, the previous level of demand will not/cannot be 'destroyed', it will only lie dormant, so to speak, as the bosses (1990s  movers and shakers, ha!)are noy planning to kick the fossil fuel addiction. Tomorrow as the recession recedes, maybe partly owing to reduced energy prices, the price of energy will rise in parallel with the recovery. Any recession that causes prices to go down substantially over a long period will definitely not be a nice experience for most people around the world. The price is now structural. But everyone knows the solution: reduce the consumption of fossil fuels. Easier said than done, maybe. Where there is a will, there is a way. Maybe. Doomsday: the price of oil reflects devaluation and inflation, the price of food is catching up, and the prices of all other goods will soon follow suit. This implies that each individual will soon need twice as much money as (s)he has today to live at the same standard. And where are we going to get this money? I have no idea. Let the printing presses and the good times roll.