Oil near $80/b

Price of petroleum affects all other prices. Back when oil was under $50/b this year 2009 I predicted it would go over 60 soon, then over 70. and finally over 80 this year. A dumber than dog dirt debunker said that peak oil was a hoax and it would go down under 20 soon. Well, I went on to predict oil would go over 100 next year. When oil did go over 80 he said it was a sign of a recovery, but that it would start to go back down soon. Yeah when? Well, I told him "Last year oil hit 147/barrel is that sign of a recovery?" You should have seen that fools face, there was a big idiotic grin.