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Don't worry - it's just a temporary spike. According to the UK treasury, prices will fall to $35pbb in 2030 with, most of the decline from 2012 onwards.

We're saved. I'm so happy.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 2nd, 2008 at 05:36:03 PM EST
I guess everybody will switch over to alternative fuels and whatnot, and so nobody will need oil anymore, thus collapsing the price.  Yay!
by Zwackus on Wed Jan 2nd, 2008 at 06:12:58 PM EST
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Why switch to alternative if oil is going to become so cheap?  People will be switching TO oil if they believe that

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Jan 2nd, 2008 at 06:24:43 PM EST
[ Parent ]
Well hey, with a banking apocalypse, oil could be $25 by the end of the year!

you are the media you consume.

by MillMan (millguy at gmail) on Wed Jan 2nd, 2008 at 07:44:42 PM EST
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