http://finance.yahoo.com/blogs/daniel-gross/limited-gas-pains-why-u-better-able-handle-153416885.html
WRONG. The reason why the USA is better able to handle gas hikes is because the US Dollar is currently the world's reserve currency and oil is dealt in DOLLARS. When the dollar stops being the world's reserve currency, oil may be traded in a different currency and thus america will not be able to handle anything, much less gas.
THE DAY THE DOLLAR STOPS BEING THE WORLD'S RESERVE CURRENCY...A WHOLE LOTTA STUFF IS GONNA HAPPEN.
BE READY.
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