Oil Rationing?

[yellowwood]

Okay, maybe the situation is not yet that dire. But, when the time comes when effects of the price of oil is limiting people's ability to eat and get to work, I have to wonder when it will be time to sacrifice some of the luxuries that we can fore-go. Car races? Air shows? Saving gas by having speed limits? Couldn't corporations use more collaborative software for their meetings instead of flying people all over the country for a face to face? Could kids walk a little farther to get to school instead of being bussed short distances, if it could be done safely? Turn off the air-conditioning? Turn down the thermostat for winter heating? What else? What are people doing in their personal lives?
If I can afford to squander oil, does that mean that I should?

[DJ13]

1. Theres no shortage, so why would there be rationing?

[yellowwood]

5. No shortage?

Okay, but even if there is no shortage now, even if this "crisis" is caused by speculators, etc., it is inevitable that oil is a limited resource. Think of this as a wake-up call. Hopefully, we can develop other energy resources before the real end of the road comes. I still believe that we have a duty to use our resources wisely.

[scheming daemons]

2. More telecommuting and a 4-day (10 hours per day) work week

[CanonRay]

3. At $4 a gallon, they want to sell us as much as we'll buy

There won't be a "shortage" until and if the price falls.

[AndyTiedye]

4. If The Mad Cowboys Attack Iran, There Will be a Shortage

[SergeyDovlatov]

6. No shortage. Price will hit $8 and number of buyers will perfectly match number of sellers

You can only have shortage if you are trying to set prices below the market clearing price.