Crude oil and subsequently gasoline and jet fuel are about to get much more expensive and hard to come by. The Middle East is heating up again. Iran has just shut off the taps to the UK and France for imposing sanctions. Iran is close to becoming a nuclear power. If that doesn’t scare you it sure should. Iranian leaders have publicly stated on several occasions that they intend to wipe the State of Israel off the map. Israel will be sure to make a preemptive military strike in an attempt to stop Iran. That will light the fires.
A nuclear exchange of any kind in the Middle East could contaminate the oil fields for thousands of years let alone kill millions. Unfortunately the government of Iran consists on Islamic extremists who could care less about consequences.
Almost all of the crude oil imported by the United States comes from the unstable Middle East. Any restriction of exports from that region will be catastophic to the American economy and will force them to take action to maintain oil flow. That action is sure as hell not going to be sanctions, but will surely be military intervention.
Unless the West can break its reliance on oil imports from unstable, unfriendly countries and soon war is imminent.