The daily price (above) looks to be leveling out right now. The price has been confined to the $95-$98 range for seven straight days. The highest price for a barrel since the summer of 2008 is that second data dot on the far left of $124.64 on March 13 of this year. That high will slide off the chart next week. The chart below is NOT our usual monthly average, but rather the annual average this century. This shows just how far the price will have to drop to impose real pain on the 
regime.
