That's hard to say. One can make the argument for a price crash as speculators have flooded into the oil and commodities markets and bid up prices. There is a lot of fear of peak <insert finite natural resource>. Once people got tired of it, prices would drop.

On the other hand, oil is a finite natural resource that has been pumped out of the ground for decades at an increasing rate. Only severely retarded politicians don't believe in peak oil or believe that oil is an infinite resource (they also believe in ghosts, so there). Thanks to China, India, and other countries deciding they want some basic level of civilization, the rate of increase in the rate of increase of demand means oil supplies and proven reserves are going down fast. That means there might not be a price crash and in a few years we will look at $6/gallon for gasoline as the good ole days.