But wouldn't this lead to gasoline prices above $5 a gallon a couple years later? There is no way this is sustainable. The only good news about this would be a potential revolution in Russia that would lead to a more left-wing (and hopefully democratic) regime.
I'm not obsessed with peak oil, I just enjoy making fun of the clowns that think it will inevitably end civilization as we know it.
It's quite probable that only the 1% will be able to afford SUV's and obesity in 20 years, as 'muricans will be forced into smaller cars and more trips by foot/bike. Or is that not the kind of end civilization you are talking about?