ONLY TAXES CAN RAISE PRICES AS HIGH AS NEEDED:

Oil bubble will burst soon, says Lehman report news (Domain-B, 25 April 2008)

The oil boom is on its last leg and may last a few months before a clutch of new refineries start operations amid slackening economic growth across the world, consultancy firm and investment bank Lehman Brothers has predicted in a report.

The report said supply is in fact outpacing demand growth even as inventories have been building up for quite some time now.