Oil to $150 By August: Timothy Siegel in Forbes

Link here.

If we don’t hit $150 a barrel by August, I will be a little surprised. Of course, one way the US Congress could stop this is by forcing a default on the US debt. This would have a whole string of disastrous consequences, and with the economy back in the ditch, there could be quite a severe curtailment in demand.

So, we will see.

Bank of America/Merrill Lynch has said almost the same thing: $140.