You need to think about why people need gas to go to work and back every day. They do this because their work is located far away from their home. And why is that? Because it was economically viable to set it up like that, because of the low price of gas.

Increase the price of gas, and you will get an economic recession in the short term, for sure. But after that, people will adjust, and you will see a reversal of the current trend of centralizing all jobs in the big cities. Towns would get more local businesses, people doing business would invest more in high-quality video conferencing instead of traveling to meetings by plane all the time, and so on. Some things that are possible today would not be possible anymore, and we would have to deal with that.

I think it is a fallacy to see the current way society works as a constant. Everything is holistically connected, and if you change one variable (price of fossil fuels), then the rest of society will have to shape itself around that.