ko your cute and perky but your theory holds no "oil". In this ecomony those who have a job are thankful and will adjust to prices. Besides if you look at the retail consumer any reduction in day to day travel will be ofset by summer vacationers who, for economic reasons, will be traveling closer to home. the airlines and metropolitan hospitality industry have more to worry about. A study was recently released that indicated cost conscience liesure travelers will be take more and shorter vacations. Actually driving more miles. AAA has indicated that overall miles for this summer are expected to be flat, not down.
The bigger risk in that a $2.00 gas tax will be enacted and that would make a difference.
Don't forget emerging makets are in recovery and in fact increasing oil and coal use right now.