Toyota and Honda are benefiting from high oil prices. The real (inflation-adjusted) price of oil, or gas at the pump, has been artificially too low for over two decades. Just look at what higher prices foster in the way of conservation technology. If we had prices keeping pace during this time, we would've never had the introduction of huge SUVs and Hummers, wasting millions (billions?) gallons of gas in the process, and we would've been much farther along in hybrid technology, making such vehicles less expensive and more plentiful.

Ah, what fools are we.

Meanwhile, Kevin Drum is right, look for the wingnuts to search high and low for something to grasp.

Oh, and this wonderful piece of news. But then I'm just an alarmist.