Econbrowser posted an interesting article on their blog with lots of fun graphs about the cost of oil and it's effect on the recession. We have discussed in class the effects of rising prices during recessions and it doesn't take a genius to realize that they won't help us overcome these tough economic times. These gas prices may end up sparking production in the auto industry for even more fuel efficient cars as we could see gas prices are likely to reach $3.50 this summer. As college students, we have all been feeling the pain of gas prices rising but Econbrowser assures us that although "$87 oil is certainly not helping the recovery. But I would be very surprised if it proves to be the kiss of death."