However, even without conflict in the Middle East, OPEC and the International Energy Agency (IEA) have projected a 29.8 million bpd increase in demand for 2011, and this is because of greater industrial activity in the US and Asia. That by itself will push prices up. The IEA has already ventured that "sustained oil prices over US$100 per barrel for the rest of the year could tip the global economy back into a repeat of the 2008 economic crisis." Although this country can eventually increase its revenue take over the short to medium term if prices continue upwards, that will certainly mean disaster for our major trading partners in Caricom. Now is the time for contingency planning by the Government.