How does the prospect of $4 a gallon gasoline sound to you? Undoubtedly, it doesn’t sound all that great. But what if I said that gasoline prices were headed for the $4 a gallon level, but once they got there, they’d head no higher?

JPMorgan Makes Schwartz an Offer; Retails Sales Rise; Berkshire’s Brandon Resigns; Brazilian GM Plant; Hungary for Oil; Denny’s Reports 1Q Decline; Goldman Sachs to Cut More Jobs; Fremont Sells Assets to CapitalSource

After a strong 2007 campaign, solar stocks – and the overall clean energy sector – fell hard in the first quarter of 2008. The PowerShares Wilder Hill Clean Energy Portfolio (PBW), an industry standard, plunged nearly 30%.

So the commodity rally is over is it? That has been the view of many commentators over the last week – but Mr Market just doesn’t appear to be listening.

The U.S. Energy Department said earlier this week that it expects average monthly gasoline prices to peak at $3.60 a gallon this spring, since the high prices will serve to curb demand.