Originally Posted by aurgathor

This should definitely make some alternative fuels look a lot better...
And based on the current price, it is, unfortunately, not an unbelievable price.
And what do US automakers do to cope with this oil price, that could translate to around $3.50 - $4 at the pump?

http://biz.yahoo.com/ap/071002/100_oil_outlook.html?.v=1

Since the article will go away in a week or two, here are some excerpts: