http://solarbird.livejournal.com/885364.html?thread=4809076#t4809076 Aside from wondering what she's going to say I did enjoy looking back at the GS superspike report from March 2008...
New 'super-spike' might mean $200 a barrel oil - Goldman's projections foretell persistent turbulence in energy prices ``The core of our 'super-spike' view is that oil prices will keep rising until demand declines globally on a multiyear basis, resulting in the return of excess capacity and a lower cost structure," Goldman's analysts said. "Given this view, once excess capacity returns, we think prices can move sharply lower."''
...with no explanation of how demand would get lower.