From: "Phil Payne" 

> > It really depends on the politics of the Middle East & the US is doing
> > such a fine job there.
>
> Demand also plays a major role.

"The monthly average West Texas Intermediate (WTI) crude oil price is
projected to average $68 per barrel in both 2006 and 2007 (Figure 1. West
Texas Intermediate Crude Oil Price), up substantially from our prior
forecast.  Retail regular gasoline prices are projected to average about
$2.57 per gallon in 2006 and 2007 (Figure 2. Gasoline and Crude Oil Prices).
Summer 2006 (April 1 to September 30) regular gasoline pump prices are
expected to average $2.71 per gallon, 34 cents higher than last year's
average of $2.37 per gallon and 9 cents higher than we had forecast last
month."

http://www.eia.doe.gov/emeu/steo/pub/contents.html

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