Another up-side is that companies (mine included) who have been resisting telecommuting and non-standard schedules are coming around at last. We might finally get to go to that four-day work week.
I telecommute 100% and have for over a decade. In fact, I now own my own company and never go on site. I see a lot of good coming from high fuel prices including a rethinking of how information workers operate.
Bring on $10 gas and let’s see where it leads. People get creative...