$80 oil and hybrid vehicles

$3.00+ per gallon makes most hybrids a good investment

Oil prices per barrel set records today, partially based on speculation. Fortunately, many believe oil prices and gasoline prices will drop as America heads out of the summer driving season. Of course, that will just be a temporary drop - a drop which isn't even a certainty if the Gulf is hit by a hurricane, for example

Nonetheless, oil is at $80 per barrel and global consumption continues to increase - meaning $80 per barrel is sustainable. Thus, most believe the long term price of oil is only going to go higher, especially as the dollar continues its fall according to reports from CNBC.

If oil prices keep increasing, it's hard to imagine that gas prices won't mostly do the same, and at $3.00+, hybrid cars become a better and better investment.

Save money. Fight foreign oil dependency. Help clean the planet. What more do you need?