But [it] is very likely that oil prices will range in the medium term around an average of $40.... In the long run it could even be $25 to $30.
~ Lord Browne, CEO, BP, June 12, 2006
(Oil prices averaged $70-plus a barrel in 2007.)
"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture." ~Ludwig von Mises