Cheaper gas and the death of hybrid cars?

Will cheaper gas lead to the death of hybrid cars?

Currently, gas prices are down some 30 cents and could even reach $2.00 by Thanksgiving. Additionally, the Toyota Prius hybrid, the best-selling hybrid vehicle by far, will soon only qualify for half its current tax deduction.

Of course the reduced tax deduction won't just affect the Prius, but all Toyota hybrids. So, how will this affect Toyota hybrid vehicle sales?

Obviously, cheaper gas and less incentives probably aren't going to lead to greater Toyota hybrid sales.

Still, I think hybrid sales will march on, but without tax incentives Toyota sales will almost certainly take a hit. Then again, I don't think Toyota expected such interest in hybrids in the first place - at least not this soon.

Nonetheless, considering the billions given to oil companies, farmers and ethanol producers, its a shame more tax credits aren't available for Toyota hybrids. If GM or Ford were the leading hybrid producer, would tax credits still be running out?