High Oil = Lots of Alternatives

As mentioned in the other blog posted today, high oil prices drive the demand for, and create new, alternatives to oil. Imagine if you will, a 4x4, all wheel drive vehicle that gets 100 mpg. That is the nightmare that keeps OPEC nation leaders awake at night.
I've got news for them, Freddy just got out of the furnace and is on his way over. A company from my home state has released details on just such a vehicle. Here is an m msn article about it. It's so cool and they want it showrooms by 2011. I am gonna save up my pennies for one.
Even if there is a valid argument for discounting the mpg of the vehicle to incorporate the usage of resources to produce the electricyt, 33 mpg would double the current mpg and cut inhalf the amount of oil we need to buy overseas. Just imagine if you had made trillions of dollars by producing 1 product and in a few years that gets cut in half. I know that is over simplified, but trust me, they are taking notice.