Earlier quoted context omitted.
"Inexorably". Yes. Now, if we believed that any consistent trend over a period of about a decade would last forever, where would we all be? Buying multi-million dollar 2-bedroom homes in Detroit with our pets.com investment proceeds, I'd imagine.
Your point being what, that there's a speculative boom in petroleum prices? It's a finite resource with a growing demand. Seems like my argument requires less in the way of elaborate justification. I don't expect to convince you of anything. So: write it down. In 2012 you thought $4 gas was going to stop getting more expensive. In 2014 when it hits $5, you'll probably think similarly. At $10, maybe you're change your…
The "finite resource" aspect is a bit of a misnomer. Yes, oil is finite, and it is used up. But what matters is how long can current rates of use be maintained. If it's only a decade then prices will definitely skyrocket, if it's more like a century then prices might not outpace inflation.
I could argue all day about technology and production but the best argument is the simplest one, more often than not the claim that "this time it's different" is seldom justified. What argument do you have that "this time it's different" in regard to cost and volume of oil production vs, say, the 1970s?
People like you have been arguing that we're going to run out of oil since the 1950s. They haven't been right yet.