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In part, this is because we are experiencing the convergence of geological difficulty with geopolitical instability [W]e are seeing the beginnings of a bidding war for Mideast supplies between East and West." Source: AP (September 30, 2005) JOBLIN+ASSOCIATES, INC. NATURAL GAS PRICES IN AR (Dollars per Thousand Cubic Feet) 200020012002200320042005 Residential 7.43 10.03 8.95 10.33 11.73 13.59 Commercial 5.41 7.80 7.05 7.67 8.86 10.2 Industrial 5.23 6.38 5.64 6.94 8.03 9.42 Source: Energy Information Agency, DOE JOBLIN+ASSOCIATES, INC. ENERGY FUTURES Oil analyst John Kilduff of Fimat USA in New York said there would be a "painful runup" in gasoline prices as summer approaches, and he said oil prices could rise as high as $80 by the end of June. Energy and Sustainability Issues. 10.391J, January 2007. The Industry Agrees Exxon Mobil President Rex Tillerson says the world may still have more than 3 Trillion barrels of oil available from all known sources. 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