Crude closed at $74.61 a bbl today. At the 6-mo. trend, we'll be at $100 a bbl in less than 13 months. Of course we'll see a gratutitous dip just before the election followed by a punishing rise just after.
Incidently, if gas tracks proportionately with crude, it will be over $4 a gallon at that time. Sing it with me: "they're into money, they're into money..."