If crude gets to 150 or higher the entire Western economy will collapse. Diesel will become too expensive for trucks to continue shipping food and goods to warehouses and retail stores. Trucking companies will file bankruptcy. Massive shortages will begin to appear. Price of fuel will be too expensive to commute to make a living for most of America anymore. Not to mention the ripple effect on price inflation, which will turn to hyperinflation and the END of first world civilization as we know it.
PS: I think it's a 90% probability most of us here will be dead within the next 10 years. Unless our government grows a brain stem and stops the war with Iran but I doubt it, they always double and triple down on STUPID.