Photo: Lucy Nicholson / Reuters
Oil dropped below $80 per barrel on Monday morning. Low gas prices are good for the economy. (Yahoo Finance)
JG: In my neighborhood gasoline prices have currently gone down to $2.82 a gallon. When I was going to college in the 1960's they had price wars among the retailers, and I remember paying 19 cents for a gallon of gasoline. Those were the good times!