Compared to the 1913 price of oil, given the year over year increase in M2 money supply in USD divided by the global yearly oil output the price should be US$28.45 a barrel.
The end game will be the US oil pipeline and potentially sub US$20 even US$10 a barrel to make the middle east obsolete.
My thoughts for what its worth.
Assuming to massive inflation or any other nasties.
JFI
