Allot of people are wondering why crude oil is trading at $114 and continually climbing in price and why gas and fuel prices are rising as a result
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Thank goodness there's still sense in the US. I despise the idea of ethanol as a major player in the alternative fuel world because of the cost of its creation and transportation, not to mention its significant inefficiency when compared to traditional fuel sources, like gasoline. Electric hybrids, to me, are the way to go, and for the reason you said: because they reduce fuel consumption (and there are many means by which to create electricity that don't involve burning fossil fuels).
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