So much for Peak Oil. I’ve scaled April Crude’s chart at 180 minutes so that you can see how visually compelling the case is for $22.52 a barrel — a 44% fall from here. That would be good news for consumers, assuming the will to consume hasn’t flatlined by then. There is more potential good news as well, since terrorist states like Iran will be starved for cash. But the clear implication is that energy demand from manufacturers in America, Asia and Europe will practically have vanished.