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Reasons for Prediction
"Oil demand falling, price dropping, looks like $147 may have been the peak."
$150 to $159.99
August 13, 2008 @ 01:52am PDT
price chart
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Background information
All prices are in US dollars. The benchmark is the highest closing daily spot price for West Texas Intermediate Crude, as reported by the US Department of Energy at http://tonto.eia.doe.gov/dnav/pet/pet_pri_spt_s1_d.htm.
The market will close on the penultimate day of 2008, or when the benchmark exceeds $200.00.

http://tonto.eia.doe.gov/dnav/pet/hist/rwtcd.htm
http://tonto.eia.doe.gov/dnav/pet/pet_pri_spt_s1_d.htm
As an aside, it may be worth using Bloomberg or some other reference source that is updated more frequently as the 5/21 data did not get posted by the DOE until 5/29 as they only seem to update thier site once a week.