The theory of the Invisible Hand states that if each consumer is allowed to choose freely what to buy and each producer is allowed to choose freely what to sell and how to produce it, the market will settle on a product distribution and prices that are beneficial to the all individual members of a community, and hence to the community as a whole. The reason for this is that greed will drive actors to beneficial behavior. Efficient methods of production will be adopted in order to maximize profits. Low prices will be charged in order to undercut competitors. Investors will invest in those industries that are most urgently needed to maximize returns, and withdraw capital from those that are less efficient in creating value. Students will be guided to prepare for the most needed (and therefore most remunerative) careers. And all these effects will take place dynamically and automatically.

If $3-a-gallon gasoline doesn't make you hate the big oil companies, the shocking revelations in Chris Paine's thought-provoking documentary Who Killed the Electric Car? will.

The film explores some of the reasons that the auto and oil industries worked to kill off the electric car. Wally Rippel is shown explaining that the oil companies were afraid of losing out on trillions in potential profit from their transportation fuel monopoly over the coming decades, while the auto companies were afraid of losses over the next six months of EV production.

Hopefully the prices double again.

Short term pain it is, but consider that there has probably been more funding poured into the search for alternative energy in the last 3yrs then there has been for the last 20.

Another 2 to 5yrs of this and we will see better electric and hybrid cars, more efficient solar panels, better technology to harvest energy(biofuels) from algae and other non-food fauna etc etc.

As is, a few dusty countries in the middle east and a few oil corporations have us all by the balls.

I look forward to the day when those countries no longer hold so much relevance to us and I don't have to see some crap about the middle east every time I turn on BBC news.

Disclaimer: I don't have a car

Most Electricity in US is produced using Coal and Fossil Fuel and 20% thru Nuclear (0 Pollution). Changing Nuclear percentage to 50% will be equivalent to removing all the Cars from US roads. US has more Oil reserve than whole middle east. If US starts drilling now in couple of years Gas price in US will be back to under $2. So, answer is more drilling and Nuclear for Electricity.

Electricity Cars are a Sham they will just shift pollution from your backyard to some rural area which you can not see.