We are already feeling the pain every time we fill the tanks on our cars. So far, we have not seen the rapid increase in costs for energy use in our homes. Part of that is due to the fact that summer means electricity use to cool our homes. Since electric power comes from a number of sources, and many of these do not have the same reliance on oil and gas, electric rates have not jumped as sharply as other energy costs.
Just wait until the snow starts to fly. The price of natural gas is up 86 percent over last winter. Anyone think it is going to drop? We can expect to be paying heating bills twice as high as last year. For us, that means an additional $300 or more every month. That is simply not in our budget.
As I have been cutting the junk out of our woodline I have begun to collect the dry wood and set aside the green logs to dry. Our master bedroom is on the second floor and open to the family room, where the fireplace is. We figure we can set the furnace to 60 degrees, buid a fire, and let the heat rise. As for summer, I expect I can build a large room in the basement for about $500. Even on the hot days, it is still pretty cool down there.


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... plus we needed to pay off an oil delivery from May to bring our account balance back to zero prior to the heat season! 
My girlfriend and I live in a ~800 square foot top floor flat and now average about $30 a month in gas and electric (we were at about $35 until we switched all bulbs to CFL). Don't have AC, never need/want it, used the heater twice last year (once to test it to make sure it worked, another for about an hour on the third day of an abnormally cold week - dropped down to 38 two of those days, with very little fog cover). We have all of our electronic devices (except for one digital alarm clock) plugged into power strips so that we can turn off standby mode when they're not in use.
The pool and outdoor barbeque are run on propane that costs about $600 a year
I really miss cheap energy at the expense of the environment sometimes.....