I think I just read yesterday that Oslama wants to raise the taxes on oil per barrel that would ad another 20-25 cents per gallon at the pump.
$1.26. Saw a prediction yesterday that it will get less than a dollar. (except in California)
It's gotta be messing with the economy in a bad way when it gets this low. Saudi's are hoping it damages or destroys US companies so they can regain the prices they want to see once again. Low is good to a point.