WITNESS - So, he asked me, when will oil come down?

By Daniel Fineren

Daniel Fineren is a senior energy correspondent who has worked with Reuters for two years. In a previous job he lived in Barcelona, covering the Spanish energy industry, and he now reports on European power and gas markets in London.

MADRID (Reuters) - I sank into my seat in the air-conditioned taxi. Heading home from the World Petroleum Congress, exhausted by days pestering top oil producers about when prices might come down, I gazed at the parched scrubland around Madrid.

"Tell me," the taxi driver interrupted. "When are fuel prices going to fall?"

He peered accusingly in the rear-view mirror.

"Every day they just go up and up. But when are they going to go down?"

That question again.

Sitting in the suit I bought in Madrid for the event for 69 euros -- that's less than two tanks of diesel these days -- I was flattered to be mistaken for a wealthy expert.

Oil has risen seven-fold since 2001, scorching the fingers of any highly paid forecaster who said the rally was petering out. Goldman Sachs, the biggest investment bank in the commodities sector, has tipped prices to hit $200 a barrel within two years.