$200 oil is next to impossible.
Look at global economies. Theyre all down 5-10% with oil where it is right now. As the price increases, everything will slow down worldwide.
92 Set, think about it: If the reluctance to fly goes downhill, there will be less flights. Less flights equal less fuel consumption. Less fuel consumption on a global scale means a greater surplus of fuel in reserves. Excess fuel dictates prices go down. Simple supply/demand theory.
Besides, if oil brushes with $200, a recession would be underway if not imminent, and then it will all slide downhill, probably to levels we see today.