Oil Climbs to a Record $57.50 as Demand Outpaces Supply Growth

I may be wrong but it seems to me that if the Bushians were to trade in their Ford Exorbitants and GMC Subdivisions for more sensible, environment-friendly cars and vans prices just might go down. It's a simple case of supply and demand. A huge SUV demands more fuel than a sensible vehicle. Therefore less demand and more supply. More supply, less cost.

Another thought: Less demand may then result in less oil production. Less production, higher oil costs. Hybrids anyone?

Story here.