Last week Wednesday (it was a holiday here) I had a nice long lunch conversation with a newspaper editor about Malaysia and international oil & gas.  I discussed my See Saw theory and Suitable Balance theory, and using my oft repeated figure of $65 as a suitable balance as the center, for this year, I saw $80 as the high side, $65 as the center, and $50 as the low side.  Oil prices seemed to me to be pretty much bookended between $50 and $80 for this year. Yeah, I know, this $50 to $80