It really depends where.

I’m fairly optimistic about most of EU. Last time we had energy crisis they put windfall taxes on energy and banking sectors to stop price gauging. They are already talking about doing the same thing which will slow down inflation. Spain, where I live, invested heavily into renewables in the last couple of years so the current fossil fuel increases don’t have almost any effect on electricity prices. There’s continuing push for public transport and most people can survive with minimal driving. My guess is food prices will go up, unemployment will go up, growth will slow down in many sectors but it will be manageable.

In US though… Inflation will skyrocket (both because of food and energy), people won’t be able to go anywhere, the completely inept government will not be able to handle the crisis and probably will just continue to ignore it. I expect widespread hunger and misery.