Oil may change the outlook for armed conflict in the Middle East. Basically, if we become non-OPEC-dependent then the general attitude here will be 'let those f###ers go pound sand.'
Debbie says we've crossed some kind of line in oil/coal and we ain't going back. The response to any tightening of fuel pricing is going to be to turn up the technology on alt fuels. We're more than ready to be done with this crap, at least to whatever extent is possible.