$100 a barrel oil by 2007?

[DavidMn]

So I'm watching CNBC this morning and this fellow was on there blabbering how oil will be over $100 by 2007 saying it's the end, Armageddon, Blah Blah Blah. I've read more intelligent people than myself (there are alot of those ) say it's bad in that the economy will go in the toilet and some others say it's good because people will have to change their habits. I guess I tend to fall in the latter camp. But what the hell do I know?