When I did my Countdown to $100 Oil?!? series over the last few months, a few people (not here) offered that we would never see sub-$3 gasoline again.
This morning on the way to work I counted 6 gas stations selling gas under $3, two of them at $2.93.
The Year over Year change in the price of a barrel of Oil is on the verge of going negative. The commodity bubble is popping big time.