great diary....but the fact is that the goal now is to increase the price at a constant speed reaching 100$ in some years. I think the production would allow for it...so I think you are off by some years...

And again any disruption making oil reach 90$ would produce the first serious cut (a nd  easy) oil consumption...after that....

So I will wait some years..

BY the way, I think it is time (or soon) to buy oil for the future if it reaches 40$.. I just do not know how to do it. Normal investments do not allow it.... this would be an interesting question for a diary.. how to buy oil and sell it within 10 years...

jerome ...this is your chance of making us all rich... please help us (and as Migeru would say I am dead serious cause I have some thousands of dollars waiting...)

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude