That seems to be a similar story to Diesel prices in the UK. Wierd when you get better fuel mileage from it, it requires less processing by the refiners and with the new particulate filters can be as clean as a traditional Petrol engine at the tailpipe.

If anyone is considering a new hybrid and are happy to wait you might want to hold off a few months to see the details of the new Prius (due on roads 2009) and a new version of the Honda hybrid that is in the works, plus a number from other makers that are supposed to be significantly more efficient.