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Oil prices set for highest annual gain this decade

Well, it's not like we need to tell you that $3 gas is pretty much the new black. While the price of a barrel of oil hasn't broken the $100 barrier yet, it is sitting pretty at around $96 these days and the AP is saying that the high prices mean that the price of oil is set "for its biggest annual gain this decade as dwindling fuel stocks and growing concern over political turmoil offset the impact of a softening U.S. economy

Continental plans to start series production of LiIon batteries in 2008

It appears Continental Automotive may be the first major company to start series production of automotive lithium ion batteries. According to an interview in German Magazine Auto Motor und Sport, Continental CEO Manfred Wennemer announced the company would start series production of automotive lithium ion battery packs in 2008. The article doesn't say who the cell supplier is or what customer the packs are intended for.

Field of Dreams: Exotics to gather in Florida for Supercar Weekend

If you live in South Florida, or can manage to get there, you may want to mark off the last weekend in January on your calendar. West Palm Beach is hosting what's being billed as the largest supercar show in the world, taking place along the waterfront from January 24-27, 2008.

24 Hours of LeMons Thunderhill wrap-up

The Jaloptikons made the trek north this past weekend to take in the final 24 Hours of LeMons event at the Thunderhill Raceway and after making the long slog back to their respective homes, they've put together a comprehensive list of the top 50 competitors that ran the crap-can race.

Industry leaders predictions for '08; Lutz angrier than ever

Between top X lists and hastily written end-of-the-year musings, the final day of 2007 is looking a lot like last year's run of retrospectives. Although some of the stories are different, many of the players have remained the same, so Tom Walsh from the Freep shot out a dozen emails to some of the leaders in his home state to get their predictions and hopes for the New Year.

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