Gas prices... we've beaten this topic to death

I was watching the today show (not as great after the loss of Katie, but still informational) and they had an analyst on, talking about gas prices... He said that we may be reaching a point where the high prices will start to affect demand. If the price rises to a certain price, there will be a breaking point where americans will actually lower thier gas usage. Matt made the point that although demand will drop here in the US, other countries will continue to pay the higher price, so oil industries may not drop thier prices. It seems as if when ever we see light at the end of the tunnel, somebody turns off the sun... if you get my drift.