Willie Hudgins drives a 2006 Ford Expedition stretch limo. Earlier today, he pulled into a Mobil station in Birmingham, Alabama to get gas. He paid $2.39 a gallon. Happily.
"Oh, it's like, man, pennies on the dollar," he says, compared with before global oil prices collapsed.
The national average for gas is $2.74 a gallon. Then there's California, where prices are almost always higher.
"Typically, California prices should be about 40 cents above the national average," says Severin Borenstein with the Energy Institute at UC Berkeley's Haas School of Business.