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IMO, the "crisis" is not about prices, it's about the western world's (and increasingly, other parts of the world's) utter reliance on oil and petrochemical products, a non-renewable resource. We really have no idea how much of our lives revolve around it - not just fuel in our cars, but everything. The products in our homes are made of petrochemicals, the pesticides that keep bugs from eating the crops are petrochemicals, the fuel to run farm machinery to harvest the food, plastic bags, the list goes on and on and on.
I don't like high oil prices, but to me, it's a secondary concern over the pollution, waste, environmental damage, global warming, etc. that goes along with the petrochemical industry, and the fact that we are doing very little to replace something that will eventually run out.
The solution: massive public focus on alternative energy sources, and WAY more individual responsibility in reducing our individual reliance on oil products.
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