We are at the peak, have been since around 2005. I don&#x27;t think anybody expected a 10 years+ peak, but well, we are here.<p>Prices are set by supply and demand. A worldwide depression has a way of pushing the price down, even with restricted supply. And not that decreasing oil supply is supposed to cause it some of the times, leading to huge price instability, not simple price increases.<p>TLDR, this price is much more a gauge of our current depression than anything else.