To me the general public seems to act like the frog in a kettle when it comes to the most publicized aspects of oil, namely fuel prices. The water isn't that hot yet, but the heat is on. The frog will just keep sitting there until the water boils at which time it is too late. What will really heat this water, IMHO, will be food shortages. Yes, food prices will probably keep creeping up, but when production actually drops because the costs to produce and transport food to distant markets is when the water will boil our hapless little frog.
I still think the way around this is to set the cost of a barrel of oil at exactly 10% of the cost of a bushel of wheat. But I'm not running for office...
