One advantage high oil prices have that nobody can deny: they bring awareness for energy and ressources as well as envrionmental issues to public awareness levels that any well-meant pontificating of the media can only dream of, and substantially change people's readiness to consider alternatives to their traditional consummation behavior. Or in other words: needs are far more motivating than debates. "Wer nicht hören will, muß fühlen", as we say in German. In the end, man only chnages when he cant stand the pain anymore. the risk is that then it eventually may be too late to adapt just in time.
Investement banks have started to launch investment packages that try to make use of an expected oil price beyond 300$ within the next 10 years. at the same time airlines have been forced into a dieting that will kill many of them and slim down the rest so that this will help to reduce air trafficking to more reasonable levels by making it less affordable. Very well.
Where arguments fail, reality won't.
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If you feel nuts, consult an expert.
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