Oil aiming for the 100$ mark?

Oil these days seem to be much more costly than they were just a few months back and all of the blame cannot be just laid at the door of the 'War on terrorism'.as things stand the OPEC could have done so much more to stabilise the prices of the oil by increasing demand but they have not yet done that,at least not enough by any standards.Oil,the black gold that is so essential to all of us in one way or the other,costs an arm and a leg these days.
The rising value of oil is causing havoc on all of the world economies including that of the United states.and since most of the world currencies are pegged to the U.S dollar and since moist of their central banks hold their reserve in Dollars,the impact of these oil prices will be worldwide.as it is,we have just had the liquidity crunch and on top of this,the oil surge? we surely do not need news like this.when will the oil go down,or rather the question should be,will it ever go down??since the rising oil prices has such a worldwide impact,if the OPEC cannot control the price surge,then the United nations or rather the security council should take over the OPEC.the OPEC has a responsibility here which they are failing by a large milestone since the oil has already surged to 90$ a barrel.if they cannot control the prices any further then the United nations should step in along with a monetary agency to regulate the flow of oil in a way that does not entail any further price hike in it!

oil,united states,economy,opec,libya,