This winter heating season is set to be an ugly one for your wallet. Those who use oil to heat their homes will be hardest hit. Oil customers are looking at prices that could be 80% higher than last year! To compound the problem, many folks who use oil are located in the Northeast -- where winters typically last longer.

Now is the time to weatherize your home before the cold comes by weather-stripping doors and windows, insulating your attic, etc. Some people may even want to consider using a wood-burning stove if that's an option.

Natural gas customers, meanwhile, can expect costs to be 15% higher than they were last winter. The good news is that new discoveries of natural gas deposits should lower the price down the road.

There's also been some discussion of liquefied natural gas coming in great supply. The main impediment is the "not in my backyard" mentality. Many Americans don't want more refineries built. But the danger of a NIMBY mentality is that we become prisoners to energy-rich foreign powers.

Clark thinks the ultimate answer lies with alternative energy and conservation.

Isn't it interesting that it looks like lower energy costs will becoming in time for the election? How will that play out? For his money, Clark believes both Obama and McCain are more similar than they are different on energy.