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Since when are you clairvoyant, Mr. Payne? Do you know the temperatures where I live and how far I need to travel to work, the availability of public transportation, etc.?
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You can move. You can buy thicker clothes. You can change jobs. There is a lot of different options. People like to talk big talk about energy conservation and all that jazz, I see very little action though. The simple fact of the matter is that we don't want to reduce our standard of living and if that means guzzling gas at a rate twice as high as other countries, so be it. I don't have a problem with people doing this. I have a problem with the hypocrisy some people display about with their opinions of the oil & gas business and their own personal consumption of its products.
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This may be true if there is a gas shortage, but all indications are there is not.
The Oil Cartels refuse to produce more to keep the prices high.
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There might be a slight increase in price because OPEC refuses to produce the additional 1-2MM barrel capacity it has. If they were producing at full capacity i doubt the price would drop below $80/bbl. The fundamentals are there. We are reaching peak oil.