Oil Prices: Here to Stay?

According to the head of the International Monetary Fund, the high oil prices we've been dealing with for the better part of a year are here to stay, at least for a couple of years.

I'm skeptical of this myself. I think greater efforts from the international community to help the Nigerians settle their disputes, as well as pressure against the rising tide of anti-international sentiment in Venezuela, could easily drop oil prices; not to mention the increased production from Iraq now that Oil-for-Food and sanctions have disappeared.

The irony, though, is that Gulf War II was all about oil, right? Right!? Oh, yeah, I forgot, it wasn't about oil at all.