It's a good discussion. During the last gas spike I thought there was less traffic out. As much as I love big old pick-ups, they were a bit less numerous then. I don't care for them when I'm out cycling.
I don't think you'll see a big surge in cycling as a result of this. It won't effect my commuting. The money I save on a commute is nominal, even when gas prices sky-rocket.
OTOH, I think the ongoing shift of healthcare costs to healthcare consumers is serving as a wake-up call. Being obese and out of shape is EXPENSIVE, and unless you can shift the costs and responsibility off on someone else, you just have to get off your butt and do something about it.
That's a big reason why I cycle. I'm too cheap to get sick.
__________________
Momento mori, amor fati.