Crude Oil - A shot away from maiden century

Present plight of tanker market does suggest that the oil prices wear a large speculative cap. But, as two major global threats, viz. the peak oil and the global warming, are looming large over the horizon, high oil prices seem to offer a single solution to both.

Certainly, when it comes to survival, oil, air and water are dearer to mankind than any yellow metal or object of desire. Only a persistent high in these resources can prompt mankind to treat them with care and respect in order to thwart a Mel Gibson apocalypse.