Oil becoming a luxury!!!

I am reading a book 'The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel'. An interesting fact about the this book was it was written some two years back when oil of hoggering in the range of 60$/barrel.


Frightening read,author has put forth the harsh upcoming future and how lazy we are in overcoming the crisis. In short oil rich nations will wipe of the economy of oil starved nations .Raising inflation ,poverty and put an end to the existing civilisation of these countries.
So what we can do best from our side is conserve oil and try to use as much as renewable energy as possible.