Why $5 Gas Is Good for America looks on the bright side:
So rising oil prices are more than just an irritant or even an ominous nick out of the GDP. They’re an invitation to corn and coal and hydrogen. For anyone with a fresh idea, expensive oil is as good as a subsidy — with no political strings attached. Indeed, every extra penny you pay at the pump is an incentive for some aspiring energy mogul to find another fuel.