Franssen: Another important issue is the predicament in developing countries. After World War II we built suburbia on $1-a-barrel oil. Europe recovered after the war on $1-a-barrel oil; Japan recovered on $1-a-barrel oil. The Asian tigers built up their economies on less-than-$20-a-barrel oil. If the world is now in a mode of $40-plus oil, can developing countries build up a lifestyle that we have been taking for granted for the past 50 years? And once they know they're left out, will they say, "You can have your Ford Expeditions, while we live our miserable life"?
http://www.iht.com/articles/2005/12/02/yourmoney/mround03.php