Oil prices should go up but a price increase of over $1.20 in a year is to sudden and drastic for consumers to adept, hence the economy suffers.

A quarter a year or less would probably be slow enough for people to adapt.

This is a big country, we need reasonable priced energy to make it work. Oil needs to raise slow enough, ie controlled by normal market forces so other sources of energy can be brought online.

Natural gas for example which right now is about $1.70 for the equivalent of a gallon of gas.

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