Is the oil price heading for $200 a barrel?

Oil prices are well into 'danger' territory already. This morning, Brent crude is around $115 a barrel. WTI – the US benchmark – is trading at around $100. And small wonder. With the situation in Libya continuing to deteriorate, analysts are getting worried about the potential for civil war. Oil production in the country has already fallen in half according to some reports. All-out civil war could see it stop altogether. So how bad could it get?