$2 Gas Prices On The Horizon: Oil Tumbles To Lowest Level Since May 2009

It's difficult to know precisely how cheap crude oil must become before U.S. drivers can fill up for $2 per gallon, but experts say the current price of West Texas Intermediate, the benchmark U.S. crude oil, is close. "Once the price of WTI gets to about $50 you're at $2-a-gallon gasoline, in at least some locations like Texas," said John R. Auers, an oil refining expert and executive vice president of Dallas-based Turner, Mason & Co., consulting engineers. Auers also said regular unleaded gasol...