The International Energy Agency has issued an urgent wakeup call to the governments of major oil-consuming and oil-producing nations on the urgent need to prepare for oil shocks in the near future. As oil edges closer to $100/barrel, the IEA has stated that oil prices are a significant threat to economic stability and that countries need to build resilience to oil price volatility in the near future.
http://www.iea.org/index_info.asp?id=1737