Energy Burrito writes that gasoline prices have fallen nearly 30 cents from their Summer highs:
Why is this good? Because of the one-penny-to-one-billion spending rule. The rule of thumb is that a one-penny change in the price of gasoline leads to a $1 billion increase in household consumption on an annualized basis….gasoline accounts for $2,500 of household spending each year.
Read more at Bad Has Never Looked So Good | Oilprice.com.