I have to look at the bright side here. I know some might call me crazy here, but I almost welcome high gas prices. Katie is a stay at home mom, and my commute is between 12-15 minutes. So from a selfish perspective, the pain at the pump that most people are feeling right now just isn't that painful for us. At the same time, lets just pretend that a whole dollar fell off the gas prices, and took the national average to just over 3 dollars a gallon. Well, that's still expensive gas, which means we're at the point now where it's worse than horrible. So prices getting a lot better, barely puts a dent in reality.

But back to welcoming high gas prices. High gas prices are pretty much the only thing that will kick energy innovation into high gear, because frankly most of the solutions being pitched right now just aren't going to cut it. I would even say it's an embarrassment to U.S. innovation that the 145 million cars on our highways are virtually running on the same fuel that the first cars ran on exactly 100 years ago. In 1908 the Model T ran on gasoline and ethanol. Now in 2008, our cars (vast, vast majority) are running on gasoline and ethanol. The Model T also ran at about 18 mpg (miles per gallon). I think the only reason we're not still driving the Model T is probably because it wouldn't pass today's safety inspections.

Ethanol is a great buzz word; I sure fell for it a couple years ago. And FYI, ethanol is not going to cut it. It's caused the price of certain crops to skyrocket, so many countries can't even afford basic foods now. And it takes a boat load of corn and 80 gallons of water to make a gallon of ethanol fuel. That's immeasurably ridiculous.

So how about Hybrids? That word is about as grey as "broadband internet service". What does it really mean? You could buy a 2 wheel drive hybrid Tahoe and get 22 mpg (Hwy). But wait there's more. What if you opted to save $15,000 and get the non-hybrid version, and just take the 19 mpg (Hwy). Pretty simply math here; for 15 grand you get 3 more miles per gallon. NOT GOOD ENOUGH.

Now, there certainly are some hybrids that are just killing it out there. They're not all marketing scams. The Prius boasts more than 45 mpg. That's pretty impressive. For me, I'm not really drinking the hybrid Kool-Aid yet. My well performing sports sedan gets close to 30 mpg on the hwy, and I'm fine with that for now. Premium gas and all.

And as many are pitching, the future is not in driving less for me. It's not in ethanol, hybrids, carpooling, windfall profits taxing, or any of the other insufficient ideas out there. It's not in better fuel economy as far as I'm concerned. It's in DIFFERENT fuel economy. We're a hundred years past the Model T right now. I'm actually shocked that my car isn't running on tap water, nuclear energy, batteries, stored solar power, or frankly anything other than the energy that OPEC gouges for.

Quick reminder, it's takes between 2 and 4 dollars to get a barrel of oil out of the ground in the Middle East. The current market value for that barrel is close to $140. And crying about it doesn't do much, because it's a great case and point for Economics 101: Supply and Demand. Very few people control the supply, and about a billion people feed the demand.

So I look forward to high gas prices. Real pain at the pump is simply a line we will all have to cross. There is no doubt it will have to get worse before it gets better, and I am really looking forward to better.