On Tue, 11 Mar 2008 23:09:43 -0600, Vic Smith
wrote:

There's no real reason for oil to pull back significantly.

Only if there is a global recession. Eventually rising prices will
lead to economy measures but that's a "good thing". Rising prices
will also provide incentives and funding for more exploration and
development. That's a good thing also but most experts think that
production is already at or near its all time peak. In the long term
things get worse, much worse.