Gas dropped to $1.99 a gallon here yesterday. While the low prices are great, my state, an oil producing state, will take a huge hit. Oil revenues make up 50% of the state budget in new monies each year which has essentially been cut in half and could get lower. This will result in cuts to education and increases in state college tuition, among ther things. With DH and I both being teachers and DD a college freshman this year, it's not good news for us. The state's economy here has not recovered from the recession like most states have.
I do love the low gas prices, though!