What will $200.00 per barrel oil do to the USA economy?

Question

Newsweek said $200 per barrel oil will cause the USA to have an economy that is the opposite of the 1990s economy.

Answer 1

Rubbish! not even one expert able to predict and judge the outcome of oil prices. lol.

Answer 2

It depends on how fast the price increases. If  it is over a period  of years we will change our habits  and adjusts. Europe has a good  economy with gas prices double ours. If the  price went to $200 next week it would guarantee the recession that we are teetering on the edge of.