Closed at $108.47 yesterday.
$150 a barrel top off?

as long as Helicopter Ben keeps printing everything will keep going up. Walmart CEO already warned people for "serious" price inflation by June

I read an article in Reuters that it could hit $200-$300 if problems arise in Saudi Arabia.

Current (regular)
Montreal - C$1.389/l (C$5.30 per gallon)
Britain - C$1.9884/l

$400 per barrel
Montreal - C$4.21/l (C$15.94 per gallon)
Britain - C$6.021/l

That would seriously hurt economy. With all those price hike, along with a still fragile economy, we're in a recipe for disaster.

Perhaps this will finally get the ball rolling for the long-stalled non-petroleum fuel infrastructure we need. We can't convert to alternate-fuel sources (and vehicles) without a dedicated network of refilling/recharging stations for electrics, plug-in-hybrids, compressed-hydrogen/fuel-cell, ethanol, natural-gas, and propane vehicles.

That and going back to drilling in the Gulf which is being talked about.
We should have drilling since the 70's gas shortage BS.
There would be plenty of domestic oil now.

BP has requests in right now for more drilling-permits in the Gulf, if the Obama Administration will approve any more after last year's disaster. What I don't see, though, is why the U.S. government has to approve any drilling in the Gulf outside the 12-NM off-shore limit....anything beyond that is usually international waters, and not subject to U.S. law.

I agree.....but even so, the world's oil-reserves (even those not yet discovered) will not last forever. Sooner or later, it have to convert to non-petro sources.