The news outlets are slightly atwitter today with a report that suggests that there's about a 50% rise in the consumer cost of gasoline in the short-term offing. The part of me that can blithely ignore the short-term pain, poverty, hunger, discomfort and suffering that something like this would cause says "bring it on". I'm not a huge fan of doomsday scenario-mongers who make us feel as though we're all beyond hope now and about to be smitten back into the Stone Age, but there's no question that fossil fuels will eventually be depleted and much rides on how they're depleted. If we suddenly ride off of a cliff edge into a world with oil priced beyond the reach of all but a tiny few, then I can see much of society unraveling quickly and catastrophically. If we receive a series of substantial jolts over a series of years then maybe this will be the tonic we need to look into, and figure out, a future without such excessive fear and panic that we can't think straight.
I'm no economist, but $1.50/litre seems like a sharp needle in the ribs but not a catastrophe. It might be enough to help apply some braking force to our tendency to live beyond our geographic footprint. The expense of long commutes to work will begin to encourage people to think of ways to populate space differently. The cost of importing goods from afar, whether they be oranges from California or plastic toys from Guangzhou might take a little nip out of our tendency to luxuriate in a life beyond our spatial means. Many of us will discover that we have feet attached to the ends of our legs and we'll remember what they're for. Many of us will eventually rediscover the simple joy of measuring space one quiet, soulful step at a time. We'll all be pretty stressed--we'll need that calm comfort to help us think through all of the brilliant ways that we'll eventually re-connect with the real dimensions of the planet. For all of the consequences of our oversized brains, both ridiculous and wondrous, I for one still think we're a species worth preserving.