I figure, enjoy it while it lasts. Prices go down during election years, specially after a two-term president, shows he and his party did something... Think some of the other oil producing countries are a little concerned about us stepping up our own production, and our pushing for alternatives to fossil fuels, worldwide. Cheap and plentiful oil, is a good way to undermine those efforts. We've got a lot of oil in the ground, just costs a lot to pump it out, they do much better than minimum wage. Wall Street and our government knows we are willing and able to pay $4/gallon and more, they are going to start cashing in on it soon, probably higher taxes on fuels too, since we need more money to fund the fix on Global Warming, cause entirely by burning fossil fuels (jokingly). Consider the tax on tobacco products, since it's scientific fact they cause cancer, and a lot of other deadly medical conditions. If tobacco is such a huge health problem, why isn't it banned altogether? It's a use all you want, as long as you are willing able to pay for it.
I think once we get comfortable with low gas prices again, our government will pass some new tax laws on it, raising the prices. The oil producers will start playing the price and production game, and we haven't seen nuthin' yet, for the price of a gallon of gas.