Ever wanted to go back in time? Well, if you're an American that's buying gas to fuel your car, you've been transported three years into the past. The national average of a gallon of gas is down to $2.629. According to this CNN article, gas hasn't been this low since October 24th, 2005! For years, gas has been like a movie ticket, something that only goes up in price. But thanks to the recession that's setting up camp in our great country, even gas companies are feeling the hit.

The reasoning behind the plummeting gas prices is explained by simple high school economics. Supply and demand's direct relation to one another. Americans aren't traveling, in fact, they haven't been doing so for quite some time, hence the 41 day decline in gas prices. This summer, tourism was down as much as twenty five percent in Hawaii, a state that depends on the dollars of tourists to survive, seeing as they've uprooted nearly all of their pineapple plantations to construct hotels and condominiums. Did you know that Californians pay some 33% of Hawaii's sales tax?

At least there's one bi-product of the Bush administration's destruction of our economy that we can enjoy. Right now, the Chevron around the corner is selling regular gas for $3.05 a gallon. That same Chevron was selling regular for $4.29 in mid July. Who knows, by the time you read this post, gas in the East Bay may fall below $3.00 for the first time in years. To put that in perspective, if that were to happen, that would mean that the national average of a gallon of gas would be flirting with the $1.99 mark.

So gas is at a three year low. Just think about what we were thinking three years ago. Back in 2005, we were still reeling over the resurrection of the Batman franchise, we still had a Republican Congress (ugh), the Yankees were good, my house in the East Bay was worth something, Pierce Brosnan was still James Bond, and who the fuck was Sarah Palin?

Oh, by the way, Chevron's at $2.99!