Cnn’s Oil Special Page

This CNN/Money special report on oil markets has a lot of good content and background on how the oil industry and global oil markets function. Note especially their list of best- and worst-mileage cars, in the context of earlier post on how high gas prices are the mechanism that will induce consumers to reconsider their choice of vehicle. High gas prices will do more than any research subsidies to increase purchases of fuel-efficient vehicles, because it’s consumer demand that is the predominant driver (pun intended!) of the fuel efficiency portfolio that we see today.