Regular was $4.03 in Wasilla, Alaska today, and it figures as always that on my way home the price fell 5 cents just a couple of miles from my house.
I could almost predict the first shots will be fired by Iran just as soon as oil does drop below $70 a barrel.
At that point Iran may find itself in a similar position to Japan in mid-1941. They would need to either go to war, or wither away as their oil revenues were no longer enough to support their economy (or be overthrown in revolution at the point where they could no longer support their welfare state).