Gas prices near five-year low
We're all waiting for President-elect Barack Obama's economic stimulus plan. But it doesn't look like it'll be passed until after he takes office in late January. Then it'll take months to implement.
Meanwhile, a massive can of economic Red Bull is already pouring down the country's throat, courtesy of President Hugo Chavez of Venezuela, King Abdullah of Saudi Arabia and other oil merchants.
Commentators were frantic six months ago about the economic and personal damage of oil at $140 per barrel. It's understandable now if they aren't cheering about the 70-percent-off sale on oil. Lower energy prices are largely a side effect of a recession that is throwing millions out of work around the world.
But cheap oil is the best present we could ask for that doesn't come from Washington. Taxpayers don't have to pay for it. It won't increase the national debt. It'll weaken Iran, Russia and other places that do not love us.
Here is GasBuddy's U.S. gas price map:






