The Peak Oil Crisis: The Energy Trap

While waiting to see how far the Europeans can kick their can of financial Armageddon down the road, let's revisit the damage being caused by high oil prices to life here in America.

Although the price of gasoline so far this year has not reached the rarified levels that we saw three years ago, neither has it plunged as far as in did in the fall of 2008. The price of a barrel of oil on the London futures exchange, which more accurately reflects what refiners must pay for oil, rose above $100 a barrel last January, and has essentially remained there ever since -- averaging about $25 a barrel higher than last year.
The Energy Trap is a project of the New America foundation, a non-partisan think tank funded by the Rockefeller Foundation, which recently conducted a survey on just how the American public is holding up under the high cost of energy. The idea of the trap is that an increasing number of Americans are caught between the cost of gasoline and a systemic inability to stop driving their cars. In the last 60 years America has become a "motorized society" in which most of our citizens have become totally dependent on daily travel by car for their existence. Take away our cars and most of us would be hard pressed to reorganize our lives to provide for the essentials of life - earn an income, and provide food, shelter, and education for ourselves and our families.
The current recession has compounded the troubles, forcing many to travel further afield to find employment - often in more than one underpaying job. More