Will there be another crude oil price hike?

As the whole world knows; that the previous crude oil price hike is because of investors buying the commodity due to weakening US structure %26amp; Bush policies (invading Iraq %26amp; meddling with Iran). At one point, it rose to $145 per barrel. Now, the bubble bursts and the current price is below $55 per barrel. Will there be a second bubble in the near future?Will there be another crude oil price hike?
There will be an increase in price in the future. In the next six months we will price anywhere between $80.00 to $100.00 a barrel. Will there be another crude oil price hike?
I usually have strong opinions, but I think this one is hard to call. It will probably live or die with the US economy. If Obama can snap us out of our sinking feeling, oil could rise. But it seems more likely that he will try traditional democratic economics and drive us into a major depression. Things like his oil windfall tax will make it even worse.
Yes. And when it comes it will be a ';surprise'; like all the other ones. Let's face it. The US is an energy pig. We've gotten away with it because we were the only one, or at least the only big one. Now China, India and Brazil are developing into huge economies and want energy.
lol