The easiest of these pockets to predict is the United States. Most conventional oil wells take years of work to bring online, but shale wells only need a few weeks. Expect any price spikes in the soon-to-be-sequestered American market to be easily ameliorated, with a fairly even-keeled price structure topping out at roughly $70 a barrel. (Canada will be brought along for the ride since all meaningful Canadian export infrastructure terminates on U.S. territory.)
