Uncommon common sense.

Peter Yergin, an expert on the oil industry, has some sobering things to say about our current situation, and how environmental laws and windfall profits and other regulatory meddling in business decisions will make our current gas prices look like the good old days.

Update: Via Instapundit, Paul Caron points out that the various levels of government together get more from gasoline sales than those rich, fat oil companies we love to hate. Too bad governments don't have to compete for our dollars.