Juan Cole talks with Tom Engelhardt. Cole states, "If you don't like three-dollar-a-gallon gasoline, you're going to really hate this kind of world I'm painting. I think the price shock would reduce economic growth globally, plunging some countries into recession or even depression. This would be a world-class catastrophe. And it's also not clear, once it starts, how you stop it."

http://www.truthout.org/docs_2005/101905M.shtml