If the situation in the Middle East continues to spiral downward how high will gas prices get?

The irony is that there is enough oil outside of the middle east to suit the needs of north americans but the problems there are just an excuse to raise the price of fuel. Lybia only makes about 1.4% of the worlds oil but since they have had problems lately, big oil uses this as a way to justify increasing the price.

I am thinking that on a short term basis, gas prices could rise to $5.00 a gallon -- but I think that once things settle down in the Middle East( that is to say fighting resolves and some sort of order returns ) they will settle at a lower level. The markets hate uncertainty but can adjust to almost anything else.

The bigger danger IMHO is long term inflation brought about by the increase in prices for oil based plastics.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.