"We should expect $12-15/gallon gasoline followed by rationing."

Taking a small break from the election to return to the biggest problem we face - bar none - including climate change: Peak Oil. Start thinking about $12 a gallon gas. Robert Hirsch, author of the Hirsch Report stated on CNBC yesterday that we have a much worse situation on our hands than we know. "We should expect $12-15/gallon gasoline followed by rationing." While we are distracted everything is shifting. Krugman on the near future: it will mean changing how and where many of us live.