Yea, I don't take the gas price with such drama.
Honestly, I think it is WAY too cheap...
I am not kidding.
Much higher oil prices might just make things better.
Yeah, there will be initial shock, but over a time economy will adopt how to live with it, there will be much bigger incentive to develop new energy technologies. It will lead to lower CO2 emmision, too.
You why US is the largest CO2 emmiter? Cause they have the cheapest oil.
Look at Europe, you may say that oil is too expensive here, but it result with more efficient use of it. People use more public transport. Is this bad thing?
I just hope, that oil prices will keep soaring and we all will switch to something else. The sooner, the better economy (in the long run) and for environment and for politics (middle east won't be that crucial anymore).
It's going to happen some day anyway...