The not so distant future; where electric cars will bring relief from the high rising cost of oil, and will also take advantage of other kinds of alternative energy like solar power.

With the rise in gasoline prices, something else has risen: Segway sales. Toyota Motor Corporation (TMC) seems to have taken notice, as on Friday they announced a "Personal Transport Assistance Robot," the Winglet.

Have you heard of peak oil? Peak oil is "the point in time when the maximum rate of global petroleum production is reached, after which the rate of production enters its terminal decline."

The presidential candidates may be touting a gas tax holiday, but Chrysler is offering new car buyers a card that locks in the price of gasoline and diesel at $2.99 a gallon for three years.

The price of oil is likely to hit 150 dollars (Canadian, US) a barrel by 2010 and soar to 225 dollars a barrel by 2012 as supply becomes increasingly tight, a Canadian bank said Thursday.

The cost of filling up the family car climbed to a record high Tuesday, adding to the challenges consumers already face with falling home values and rising food prices.