One of the Funniest Things I've Read in a Long Time

CBS Marketwatch has an article up about how the EIA is predicting that oil will rise to $186 a barrel by, get this, 2030. I really did need a good laugh and this was it. Assuming one would even be able to buy a barrel of oil in 2030, the price will most certainly be at least triple the prediction. I don't think we'll hit that figure this year or next but by 2010 we'll be longing for the good old days when oil was only selling for $135 a barrel. Of course, should Israel or Dubya launch an attack against Iran this year, all bets are off as oil would easily shoot past $200 a barrel and never drop back below.

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