Will the price of oil ever drop below $60 a barrel again? Are we being gouged?

It is understood that oil is a non-renewable resourse, but are recent price increases out of line?Will the price of oil ever drop below $60 a barrel again? Are we being gouged?
We are being gouged. Many of these oil-producing nations are selling their gasoline for pennies per gallon at home, and they have just as good refineries as we do here.





The Chinese have been working out oil deals with nations that the United States will not talk to, and their rates have been far cheaper.Will the price of oil ever drop below $60 a barrel again? Are we being gouged?
There is only one place to go, it's up, look at it this way, you pay more for gas, but you can buy cheap Chinese goods, so I guess it is a wash, unless of course you lost your job, because the factory you used to work at moved to China.
well if the terrorist get all the weapons they need then they may lower the prices
gouged is not the word, screwed over big time is more like it and you can thank wonderful OPEC for that. 1991 first golf war and they loved us and 22 dollars a barrel and 97 cents a gallon! we must create bio fuels and tell them to shove it! and there dirty oil! also!
never again unless the us find a hell of a lot more on there on soil