How one sees this is somewhat dependant on your age, and perhaps political affiliation. Those of us who lived through similar experiences in the '70s saw a big shift to 4 and 6 cylinder rods for awhile, along with reduced participation. Sales of muscle cars tanked big time. Those million dollar hemis of a couple years ago were practically given away back then. Once the panic passed, people adjusted to the new pricing, and we had a change in government that led to decontrol of pricing and eventually the recinding of the so called "windfall profits tax" (yes it was tried before, was just as erroneous and dumb an idea as it is now, and failed to increase supply). The result was a worldwide push to find more energy (crude oil), prices moderated somewhat (the opposite of what the government control freaks predicted; sound familiar?), and we enjoyed a 20+ year "binge". Depending on how the politics works out again we could see an easing of restrictions on exploration and production, aided this time by some easing in how electricity is produced (ne, nukes), or we could have increased obstruction to feeding our ability to grow and produce viable sources of energy. If the factions that believe government central command is the answer get the power our hobby will be one of their targets for elimination (or MAYBE severe restrictions). Will we allow ourselves to be cowed into submission to these power hungry elites, or will we do as the founders of this country did and throw off the oppressive efforts of a self annointed elite? Time will tell. I've learned to enjoy freedom and the prosperity it brings to we common men............I'm not sure about my neighbors though.