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Well, the price of oil is pretty much the staple drive of the global economy so I would say that yes, it is VERY important. Just look around your house, what isn't made with petrochemcials or treatments? Your computer monitor, the granulated sugar in most of your food, the vegetables you eat, the meat you eat (1kg of beef takes 3/4 of a gallon to produce), the running shoes you wear, the gas you put in your car, backup electricity, almost all clothing is treated with pertochemicals. To make a statement like "the price of oil is unimportant" is uneducated and simply wrong.
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