Prices are going to stay at these levels, or higher due to threat of war with Iran over it's nuclear program. Somehow I don't see Iran backing off and nor do I see the west. The collision is innevitable. Otherwise prices would fall back quite naturally.
I see this as good thing however as it encourages the West to develop new energy technologies.
Sadly a huge war is coming and we really need to get on with developing energy independence ASAP.
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