New Milk jugs are optimized in shape for better transportation economics. Environmentally friendly etc. The secondary effects of higher gas prices are here. The ongoing debate in the markets is if the rise in price of crude related to supply (Peak Oil) or to speculation. This current oil price shock has its genesis in several things: Bush / Cheney, 911, Saudi Arabia, OPEC, Speculation, The Federal Reserve, The US dollar, Chindia to name a few of the actors. Higher energy prices are fine with liberals as it forces a secular environmentally friendly change. And ofcourse commodities are the only area on Wall Street currently in a bull market.
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