Yeah. it sucks to be poor, especially as commodity prices rise. A friend of mine thinks that the commonness of single-ply toilet paper reflects a recent fall in the real standard of living of the common man.

I'm not saying it'll be pleasant (especially for the poor) I'm just saying that as the price of oil goes up, there will be less of it bought, if for no other reason than that there are many people who simply can not afford to pay much more than they are paying now. This effect dampens price spikes.